What are some different types of decision support systems?

What will be an ideal response?


Answer: A DSS can be small and singular, such as an Excel spreadsheet set up for a single user to solve a specific type of problem. A DSS can also be large and complex, linking many users and databases. The DSS can be a data-oriented system or a model-oriented system. Some decision support systems (ERP systems) help managers make decisions about all facets of a company's operations.

Business

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Answer the following statement true (T) or false (F)

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A social media strategist noted that “smart brands use ______ in meaningful ways, and most of them use their brand name as a way to make sure customers can find and recognize them.”

A. Blogs B. Twitter C. Facebook D. LinkedIn

Business

Two methods of setting the costs of inventory on hand are _____

a. inside and outside b. book and physical c. FIFO and LIFO d. adjusted (for shortage/overages) and unadjusted

Business

Which of the following focuses on the product choices and industry characteristics that affect an organization's profitability?

A. process management B. human resource management C. strategic management D. organizational behavior E. operations management

Business