Factors Affecting Decision-Making

Factors Affecting Decision-Making Some of the factors and personal characteristics that have an impact on the decision-makers are described below. Some factors are more important at higher levels of management and others are more important at lower levels. Programmed versus Non-programmed Decisions Programmed decisions are made in predictable circumstances and managers have clear parameters and … Read more

Techniques of Group Decision Making

Techniques of Group Decision Making Some of the techniques employed to make the group decision-making process more effective and decision-making more efficient in which creativity is encouraged are as follows. Brainstorming Brainstorming technique involves a group of people, usually between five and ten, sitting around a table in a classroom setting generating ideas in the … Read more

Group Decision Support System (GDSS): Components, Features and Software Tools

Group Decision Support System (GDSS) A group decision support system (GDSS) is an interactive computer-based system that facilitates a number of decision-makers (working together in a group) in finding solutions to problems that are unstructured in nature. They are designed in such a way that they take input from multiple users interacting simultaneously with the … Read more

Types of Decision Support Systems (DSS)

Decision Support Systems (DSS) A decision support system is an interactive computer-based system that serves the decision making needs of managers. It provides managers with information that enables them to make both semi-structured and unstructured decisions. A DSS employs various analytical models to perform a low-level analysis of data and produce information. A manager can … Read more

Components of Decision Support Systems (DSS)

What is Decision Support System? A decision support system (DSS) is an interactive computer-based information system that, like MIS also serves at the management level of an organization. However, in contrast to MIS (that processes data), it processes information to support the decision making process of managers. It provides middle managers with the information that … Read more