SlideShare a Scribd company logo

Chapter 2 Decision Making

•Download as PPT, PDF•
•
U
UMaine
Technology
1 of 31
Chapter 2: Strategic Decision-Making Decision-Making Systems
Closing Case # 1: Say “Charge it” with your cell phone! ,[object Object],[object Object]
Question… ,[object Object],[object Object],[object Object]
Porter’s 5 Forces Analysis ,[object Object]
M-Commerce ,[object Object],[object Object]
SmartPhones ,[object Object],[object Object]
Decision-Making ,[object Object],[object Object]
Decision-Making ,[object Object],[object Object]
Enterprise View of Information & IT Executives Managers Analysts Online Analytical Processing: the manipulation of information to create business intelligence Managers deal with courser information . Make decisions based on meaningful aggregation of information ,[object Object],[object Object],[object Object],[object Object]
Decision Support Systems ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Example of DDS Demonstrate Sensitivity Analysis: Change Sales Demonstrate What-If Analysis: Change an Assumptions variable Demonstrate Goal-Seek Analysis: Change total profit to a sales goal
Specialized Decision-Support Systems ,[object Object],[object Object],[object Object],[object Object],[object Object]
Week 2-Day 2 Decision Support Systems & Business Intelligence Overview
Executive Information Systems (EIS) ,[object Object],[object Object]
Components typical of an EIS
Functions offered by an EIS ,[object Object],[object Object],[object Object]
Digital Dashboards ,[object Object],[object Object],[object Object]
Business Intelligence ,[object Object],[object Object],[object Object],[object Object],Taking BI to the Next Level
Business Performance Categories ,[object Object],[object Object],[object Object]
Artificial Intelligence (AI) ,[object Object]
AI Systems in Industry ,[object Object],[object Object],[object Object],[object Object],[object Object]
Expert Systems ,[object Object],[object Object]
Neural Networks ,[object Object],[object Object],[object Object],[object Object],[object Object]
Intelligent Agents ,[object Object],[object Object],[object Object],[object Object]
Bots have other applications ,[object Object],Bot’s are and will continue to populate our homes & businesses!! Top 10 bot sites Unique visitors, December 2001 Bot Shoppers Bot Shoppers BizRate.com 10,771,000 WhenU.com 689,000 DealTime.com 5,509,000 10Wizard.com 323,000 MySimon 2,995,000 BonusTree.com 257,000 ClicktheButton.com 948,000 BestWebBuys.com 218,000 PriceScan 752,000 AvenueMe.com 216,000
Data Mining ,[object Object],[object Object]
How does AI improve Data mining? ,[object Object],[object Object]
Introduction to Enterprise Systems ,[object Object],[object Object],[object Object],[object Object]
SCM : involves the management of flows between and among the stages in a supply chain to maximize total supply chain effectiveness & profitability planning for the procurement of materials, assembly of finished products from these materials, and distribution of products to customers.
Distributed Systems ,[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],Effective SCM Systems Remember Porter’s 5 forces Analysis?

Recommended

Foundation of information system in business
Foundation of information system in businessFoundation of information system in business
Foundation of information system in business
Amrit Banstola
 
Management Information System (Full Notes)
Management Information System (Full Notes)Management Information System (Full Notes)
Management Information System (Full Notes)
Harish Chand
 
Strategic use of information systems
Strategic use of information systemsStrategic use of information systems
Strategic use of information systems
Prof. Othman Alsalloum
 
Application of mis
Application of misApplication of mis
Application of mis
deepa bhattarai
 
Achieving competitive advantage with information systems
Achieving competitive advantage with information systemsAchieving competitive advantage with information systems
Achieving competitive advantage with information systems
Prof. Othman Alsalloum
 
Three dimensions of information systems
Three dimensions of information systemsThree dimensions of information systems
Three dimensions of information systems
Suleyman Ally
 
The evolution of management information system
The evolution of management information systemThe evolution of management information system
The evolution of management information system
Cheryl Asia
 
MIS-CH13: Building Information Systems
MIS-CH13: Building Information SystemsMIS-CH13: Building Information Systems
MIS-CH13: Building Information Systems
Sukanya Ben
 

Recommended

Foundation of information system in business
Foundation of information system in businessFoundation of information system in business
Foundation of information system in business
Amrit Banstola
 
Management Information System (Full Notes)
Management Information System (Full Notes)Management Information System (Full Notes)
Management Information System (Full Notes)
Harish Chand
 
Strategic use of information systems
Strategic use of information systemsStrategic use of information systems
Strategic use of information systems
Prof. Othman Alsalloum
 
Application of mis
Application of misApplication of mis
Application of mis
deepa bhattarai
 
Achieving competitive advantage with information systems
Achieving competitive advantage with information systemsAchieving competitive advantage with information systems
Achieving competitive advantage with information systems
Prof. Othman Alsalloum
 
Three dimensions of information systems
Three dimensions of information systemsThree dimensions of information systems
Three dimensions of information systems
Suleyman Ally
 
The evolution of management information system
The evolution of management information systemThe evolution of management information system
The evolution of management information system
Cheryl Asia
 
MIS-CH13: Building Information Systems
MIS-CH13: Building Information SystemsMIS-CH13: Building Information Systems
MIS-CH13: Building Information Systems
Sukanya Ben
 
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision MakingUnit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Asmita Singh
 
Foundation Of Information Systems In Business
Foundation Of Information Systems In BusinessFoundation Of Information Systems In Business
Foundation Of Information Systems In Business
Dr Vijay Pithadia Director
 
Management information systems - Functional Areas of Management
Management information systems - Functional Areas of ManagementManagement information systems - Functional Areas of Management
Management information systems - Functional Areas of Management
Dinesh Babu Pugalenthi
 
MIS-CH05: IT Infrastructure and Emerging Technologies
MIS-CH05: IT Infrastructure and Emerging TechnologiesMIS-CH05: IT Infrastructure and Emerging Technologies
MIS-CH05: IT Infrastructure and Emerging Technologies
Sukanya Ben
 
Information Systems in Global Business Today
Information Systems in Global Business TodayInformation Systems in Global Business Today
Information Systems in Global Business Today
tvto1381
 
Information System & Business applications
Information System & Business applicationsInformation System & Business applications
Information System & Business applications
Shubham Upadhyay
 
Information system for production management
Information system for production managementInformation system for production management
Information system for production management
wimmba
 
Laudon mis12 ppt03
Laudon mis12 ppt03Laudon mis12 ppt03
Laudon mis12 ppt03
Faisal14H
 
Laudon Ch13
Laudon Ch13Laudon Ch13
Laudon Ch13
Riju Nair
 
Crm business intelligence
Crm business intelligenceCrm business intelligence
Crm business intelligence
Archana Tiwari
 
Chapter2
Chapter2Chapter2
Chapter2
Knowlittle Matharu
 
Information Systems, Organizations, Management and Strategy
Information Systems, Organizations, Management and StrategyInformation Systems, Organizations, Management and Strategy
Information Systems, Organizations, Management and Strategy
Mostafa Ewees
 
Business Analytics
Business AnalyticsBusiness Analytics
Business Analytics
Jignesh Kariya
 
Information system
Information systemInformation system
Information system
hiddensoul
 
HR analytics
HR analyticsHR analytics
HR analytics
preksha1185
 
Information management
Information managementInformation management
Information management
GuleRana7
 
MIS-CH08: Securing Information Systems
MIS-CH08: Securing Information SystemsMIS-CH08: Securing Information Systems
MIS-CH08: Securing Information Systems
Sukanya Ben
 
Management Information System [Kenneth Laudon]
Management Information System [Kenneth Laudon]Management Information System [Kenneth Laudon]
Management Information System [Kenneth Laudon]
mmuser2014
 
Introduction to MIS (Evolution of MIS)
Introduction to MIS (Evolution of MIS)Introduction to MIS (Evolution of MIS)
Introduction to MIS (Evolution of MIS)
Mohammed Jasir PV
 
Management Information System: Manufacturing Information System
Management Information System: Manufacturing Information SystemManagement Information System: Manufacturing Information System
Management Information System: Manufacturing Information System
Muhammad Hashaam Shinystar
 
Notes on Current trends in IT (1) (1).pdf
Notes on Current trends in IT (1) (1).pdfNotes on Current trends in IT (1) (1).pdf
Notes on Current trends in IT (1) (1).pdf
Karishma Chaudhary
 
Business Intelligence and decision support system
Business Intelligence and decision support system Business Intelligence and decision support system
Business Intelligence and decision support system
Shrihari Shrihari
 

More Related Content

What's hot

Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision MakingUnit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Asmita Singh
 
Crm business intelligence
Crm business intelligenceCrm business intelligence
Crm business intelligence
Archana Tiwari
 
Information Systems, Organizations, Management and Strategy
Information Systems, Organizations, Management and StrategyInformation Systems, Organizations, Management and Strategy
Information Systems, Organizations, Management and Strategy
Mostafa Ewees
 
Information system
Information systemInformation system
Information system
hiddensoul
 

What's hot (20)

Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision MakingUnit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
Unit 1 Introduction to MIS, MIS & Data Mining , MIS & Decision Making
 
Foundation Of Information Systems In Business
Foundation Of Information Systems In BusinessFoundation Of Information Systems In Business
Foundation Of Information Systems In Business
 
Management information systems - Functional Areas of Management
Management information systems - Functional Areas of ManagementManagement information systems - Functional Areas of Management
Management information systems - Functional Areas of Management
 
MIS-CH05: IT Infrastructure and Emerging Technologies
MIS-CH05: IT Infrastructure and Emerging TechnologiesMIS-CH05: IT Infrastructure and Emerging Technologies
MIS-CH05: IT Infrastructure and Emerging Technologies
 
Information Systems in Global Business Today
Information Systems in Global Business TodayInformation Systems in Global Business Today
Information Systems in Global Business Today
 
Information System & Business applications
Information System & Business applicationsInformation System & Business applications
Information System & Business applications
 
Information system for production management
Information system for production managementInformation system for production management
Information system for production management
 
Laudon mis12 ppt03
Laudon mis12 ppt03Laudon mis12 ppt03
Laudon mis12 ppt03
 
Laudon Ch13
Laudon Ch13Laudon Ch13
Laudon Ch13
 
Crm business intelligence
Crm business intelligenceCrm business intelligence
Crm business intelligence
 
Chapter2
Chapter2Chapter2
Chapter2
 
Information Systems, Organizations, Management and Strategy
Information Systems, Organizations, Management and StrategyInformation Systems, Organizations, Management and Strategy
Information Systems, Organizations, Management and Strategy
 
Business Analytics
Business AnalyticsBusiness Analytics
Business Analytics
 
Information system
Information systemInformation system
Information system
 
HR analytics
HR analyticsHR analytics
HR analytics
 
Information management
Information managementInformation management
Information management
 
MIS-CH08: Securing Information Systems
MIS-CH08: Securing Information SystemsMIS-CH08: Securing Information Systems
MIS-CH08: Securing Information Systems
 
Management Information System [Kenneth Laudon]
Management Information System [Kenneth Laudon]Management Information System [Kenneth Laudon]
Management Information System [Kenneth Laudon]
 
Introduction to MIS (Evolution of MIS)
Introduction to MIS (Evolution of MIS)Introduction to MIS (Evolution of MIS)
Introduction to MIS (Evolution of MIS)
 
Management Information System: Manufacturing Information System
Management Information System: Manufacturing Information SystemManagement Information System: Manufacturing Information System
Management Information System: Manufacturing Information System
 

Similar to Chapter 2 Decision Making

Choosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your BusinessChoosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your Business
Chicago Hadoop Users Group
 
Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...
Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...
Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...
huyminh802
 
Business Intellegence
Business IntellegenceBusiness Intellegence
Business Intellegence
Kallol Sarkar
 

Similar to Chapter 2 Decision Making (20)

Notes on Current trends in IT (1) (1).pdf
Notes on Current trends in IT (1) (1).pdfNotes on Current trends in IT (1) (1).pdf
Notes on Current trends in IT (1) (1).pdf
 
Business Intelligence and decision support system
Business Intelligence and decision support system Business Intelligence and decision support system
Business Intelligence and decision support system
 
Chp11 Business Intelligence
Chp11 Business IntelligenceChp11 Business Intelligence
Chp11 Business Intelligence
 
Customer Relationship Management unit 5 trends in crm
Customer Relationship Management unit 5 trends in crmCustomer Relationship Management unit 5 trends in crm
Customer Relationship Management unit 5 trends in crm
 
Information Systems, Data and MIS
Information Systems, Data and MISInformation Systems, Data and MIS
Information Systems, Data and MIS
 
Business intelligence an introduction
Business intelligence an introductionBusiness intelligence an introduction
Business intelligence an introduction
 
Choosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your BusinessChoosing the Right Big Data Architecture for your Business
Choosing the Right Big Data Architecture for your Business
 
The role of information system
The role of information system The role of information system
The role of information system
 
Ch_02
Ch_02Ch_02
Ch_02
 
E comm final review
E comm final reviewE comm final review
E comm final review
 
Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...
Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...
Artificial Intelligence (AI) Startup Business Plan Purple variant by Slidesgo...
 
Advance it (group5)
Advance it (group5)Advance it (group5)
Advance it (group5)
 
Analytics
AnalyticsAnalytics
Analytics
 
Inventory System
Inventory System Inventory System
Inventory System
 
Business Intellegence
Business IntellegenceBusiness Intellegence
Business Intellegence
 
Business Intelligence and Analytics .pptx
Business Intelligence and Analytics .pptxBusiness Intelligence and Analytics .pptx
Business Intelligence and Analytics .pptx
 
Rakesh Roshan MIS Slides
Rakesh Roshan MIS SlidesRakesh Roshan MIS Slides
Rakesh Roshan MIS Slides
 
Data Science - Part I - Sustaining Predictive Analytics Capabilities
Data Science - Part I - Sustaining Predictive Analytics CapabilitiesData Science - Part I - Sustaining Predictive Analytics Capabilities
Data Science - Part I - Sustaining Predictive Analytics Capabilities
 
Management Information System: Information, Information System, Management In...
Management Information System: Information, Information System, Management In...Management Information System: Information, Information System, Management In...
Management Information System: Information, Information System, Management In...
 
Business Intelligence
Business Intelligence Business Intelligence
Business Intelligence
 

More from UMaine

Information ethics & intro to information security
Information ethics & intro to information securityInformation ethics & intro to information security
Information ethics & intro to information security
UMaine
 
Information security management
Information security managementInformation security management
Information security management
UMaine
 
Information systems management
Information systems managementInformation systems management
Information systems management
UMaine
 
Erp case study
Erp case studyErp case study
Erp case study
UMaine
 
Erp case study
Erp case studyErp case study
Erp case study
UMaine
 
Bua 235 teamwork
Bua 235 teamwork Bua 235 teamwork
Bua 235 teamwork
UMaine
 
Bua 235 teamwork
Bua 235 teamwork Bua 235 teamwork
Bua 235 teamwork
UMaine
 
Business intelligence systems
Business intelligence systemsBusiness intelligence systems
Business intelligence systems
UMaine
 
Chap 8 ecommerce-scm
Chap 8 ecommerce-scmChap 8 ecommerce-scm
Chap 8 ecommerce-scm
UMaine
 
Bua 235 bpm-chap 7
Bua 235 bpm-chap 7Bua 235 bpm-chap 7
Bua 235 bpm-chap 7
UMaine
 
Data communications
Data communicationsData communications
Data communications
UMaine
 
Chapter 5 data processing
Chapter 5 data processingChapter 5 data processing
Chapter 5 data processing
UMaine
 
Chap 4 hardware & software
Chap 4 hardware & softwareChap 4 hardware & software
Chap 4 hardware & software
UMaine
 
Is for competitive advantage
Is for competitive advantageIs for competitive advantage
Is for competitive advantage
UMaine
 
Chap 2 collaboration information systems and teamwork
Chap 2 collaboration information systems and teamworkChap 2 collaboration information systems and teamwork
Chap 2 collaboration information systems and teamwork
UMaine
 
Week 1 bua 235
Week 1 bua 235Week 1 bua 235
Week 1 bua 235
UMaine
 
E Business & E Commerce +
E Business & E Commerce +E Business & E Commerce +
E Business & E Commerce +
UMaine
 
Chapter 3 E Business
Chapter 3 E BusinessChapter 3 E Business
Chapter 3 E Business
UMaine
 
Welcome To BUA 235-Intro
Welcome To BUA 235-IntroWelcome To BUA 235-Intro
Welcome To BUA 235-Intro
UMaine
 
Enterprise Systems: SCM, CRM, & ERP
Enterprise Systems: SCM, CRM, & ERPEnterprise Systems: SCM, CRM, & ERP
Enterprise Systems: SCM, CRM, & ERP
UMaine
 

More from UMaine (20)

Information ethics & intro to information security
Information ethics & intro to information securityInformation ethics & intro to information security
Information ethics & intro to information security
 
Information security management
Information security managementInformation security management
Information security management
 
Information systems management
Information systems managementInformation systems management
Information systems management
 
Erp case study
Erp case studyErp case study
Erp case study
 
Erp case study
Erp case studyErp case study
Erp case study
 
Bua 235 teamwork
Bua 235 teamwork Bua 235 teamwork
Bua 235 teamwork
 
Bua 235 teamwork
Bua 235 teamwork Bua 235 teamwork
Bua 235 teamwork
 
Business intelligence systems
Business intelligence systemsBusiness intelligence systems
Business intelligence systems
 
Chap 8 ecommerce-scm
Chap 8 ecommerce-scmChap 8 ecommerce-scm
Chap 8 ecommerce-scm
 
Bua 235 bpm-chap 7
Bua 235 bpm-chap 7Bua 235 bpm-chap 7
Bua 235 bpm-chap 7
 
Data communications
Data communicationsData communications
Data communications
 
Chapter 5 data processing
Chapter 5 data processingChapter 5 data processing
Chapter 5 data processing
 
Chap 4 hardware & software
Chap 4 hardware & softwareChap 4 hardware & software
Chap 4 hardware & software
 
Is for competitive advantage
Is for competitive advantageIs for competitive advantage
Is for competitive advantage
 
Chap 2 collaboration information systems and teamwork
Chap 2 collaboration information systems and teamworkChap 2 collaboration information systems and teamwork
Chap 2 collaboration information systems and teamwork
 
Week 1 bua 235
Week 1 bua 235Week 1 bua 235
Week 1 bua 235
 
E Business & E Commerce +
E Business & E Commerce +E Business & E Commerce +
E Business & E Commerce +
 
Chapter 3 E Business
Chapter 3 E BusinessChapter 3 E Business
Chapter 3 E Business
 
Welcome To BUA 235-Intro
Welcome To BUA 235-IntroWelcome To BUA 235-Intro
Welcome To BUA 235-Intro
 
Enterprise Systems: SCM, CRM, & ERP
Enterprise Systems: SCM, CRM, & ERPEnterprise Systems: SCM, CRM, & ERP
Enterprise Systems: SCM, CRM, & ERP
 

Recently uploaded

Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
Principled Technologies
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Principled Technologies
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
Joaquim Jorge
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
Igalia
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
UK Journal
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Drew Madelung
 

Recently uploaded (20)

Exploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone ProcessorsExploring the Future Potential of AI-Enabled Smartphone Processors
Exploring the Future Potential of AI-Enabled Smartphone Processors
 
Boost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivityBoost PC performance: How more available memory can improve productivity
Boost PC performance: How more available memory can improve productivity
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data DiscoveryTrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery
 
Real Time Object Detection Using Open CV
Real Time Object Detection Using Open CVReal Time Object Detection Using Open CV
Real Time Object Detection Using Open CV
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
Deploy with confidence: VMware Cloud Foundation 5.1 on next gen Dell PowerEdg...
 
2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...2024: Domino Containers - The Next Step. News from the Domino Container commu...
2024: Domino Containers - The Next Step. News from the Domino Container commu...
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
Bajaj Allianz Life Insurance Company - Insurer Innovation Award 2024
 
Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024Manulife - Insurer Innovation Award 2024
Manulife - Insurer Innovation Award 2024
 
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...
 
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost SavingRepurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
Repurposing LNG terminals for Hydrogen Ammonia: Feasibility and Cost Saving
 
Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...Apidays New York 2024 - The value of a flexible API Management solution for O...
Apidays New York 2024 - The value of a flexible API Management solution for O...
 
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
Connector Corner: Accelerate revenue generation using UiPath API-centric busi...
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 
Artificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : UncertaintyArtificial Intelligence Chap.5 : Uncertainty
Artificial Intelligence Chap.5 : Uncertainty
 
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdfUnderstanding Discord NSFW Servers A Guide for Responsible Users.pdf
Understanding Discord NSFW Servers A Guide for Responsible Users.pdf
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 

Chapter 2 Decision Making

  • 1. Chapter 2: Strategic Decision-Making Decision-Making Systems
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Example of DDS Demonstrate Sensitivity Analysis: Change Sales Demonstrate What-If Analysis: Change an Assumptions variable Demonstrate Goal-Seek Analysis: Change total profit to a sales goal
  • 12.
  • 13. Week 2-Day 2 Decision Support Systems & Business Intelligence Overview
  • 14.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.
  • 29. SCM : involves the management of flows between and among the stages in a supply chain to maximize total supply chain effectiveness & profitability planning for the procurement of materials, assembly of finished products from these materials, and distribution of products to customers.
  • 30.
  • 31.