Q5 - Essay Example
It involves inputting relevant data, http://best-essay-writing-service28.mystrikingly.com/ company information, and knowledge from individuals in the decision making panel as well as business models to come up with solutions to problems facing the organization as well as important decisions for the organization (Power, 2002).Â
My organization applies the decision support systems often to acquire and conduct an analysis of data on turnover, budgets as well as sales forecasts. The marketing strategies are often updated whenever the analysis is performed using the decision support systems. The information that is gathered by the decision support systems include; records of the organization’s assets and data warehouses. There are also relational data sources as well as proportional information on sales in recurrent weeks. The systems also gather information on the organization’s revenue projections based on the assumptions made as regards the sale of new products.
The decision support systems have the benefit of maintaining efficiency among the decision makers.
