Zoho Sheet

Zoho Report

Week 2 Task 4 Spreadsheet

Thursday, August 2, 2012

Role of DSS


To run your business, you need to make the right decisions.  Decisions support systems can make picking the right decisions a lot easier for you. Creating and setting up a system to do that may be quite costly now, but the ultimate potential value it can create will be well worth it. They can speed up decisions, help make decisions more beneficial, plan on its future use, and inform you on why they worked and give information relevant to what you need to think about now. “Some information that information systems might gather and present would be: comparative sales figures between one week and the next, projective revenue figures based on new product sale assumptions, or the consequences of different decision alternatives, given past experience in a context that is described.”

Decision support systems “are a collection of integrated software applications and hardware that form the backbone of an organization’s decision-making process”. A DSS is comparable to a KMS in the fact it uses data to help understand and distribute knowledge. When running or being a part of the decision making process, it is sometimes quite difficult being overloaded with tons of information. With a DSS, one can focus on the more important information, and perhaps leave out most of the work involving calculating and organizing data. This leave s the user with more time to decide which steps they should make, rather than finding out which steps there are to take. The information should be flexible enough for a user to get all they need to know from data collected (this is also important. DSS work by using already collected data. The more data you have to use, the more realistic and informative your DSS will be).

In conclusion, DSS define the moves of the planners in the business world. DSS go up a step from just stores of data and can help you determine what could be important things to consider, as well as creating a shortcut past the calculating of what data can mean and perhaps even planning what a decision can do to the data. Things such as graphical analysis (“Study of independent phenomena by analyzing graphical representations”) make understanding data more digestible and relays information well from someone well versed in data collection and its meanings to someone more knowledgeable in other aspects of business. People don’t always wants to let a computer run their every decision, and that’s understandable. Being able to think about steps to take and understanding data should be a skill anyone part of a business should know; but having something break things down into finer details and at a considerably fast pace can be extremely beneficial.






Source 3 http://encyclopedia2.thefreedictionary.com/graphical+analysis

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