A group decision support system (GDSS) is an interactive computer-based system that facilitates the solution of semi structured or unstructured problems by a group of decision makers. What are the major characteristics of a GDSS?

What will be an ideal response?


• Its goal is to support the process of group decision makers by providing automation of sub processes, using information technology tools.
• It is a specially designed information system, not merely a configuration of already existing system components. It can be designed to address one type of problem or a variety of group-level organizational decisions.
• It encourages generation of ideas, resolution of conflicts, and freedom of expression. It contains built-in mechanisms that discourage development of negative group behaviors, such as destructive conflict, miscommunication, and groupthink.

Business

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A ________ is a group of products that are closely related because they function in a similar manner, are sold to the same customer groups, are marketed through the same type of outlets, or fall within given price ranges

A) product line B) line extension C) private brand D) multibrand E) new brand

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Estimated useful life and legal life are synonymous terms when dealing with intangible assets

Indicate whether the statement is true or false

Business

If a seller fails to deliver conforming goods, the measure of recovery in the buyer’s suit for damages is the difference between the contract price and the market price at the place of delivery at the time the buyer learns of the breach.

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

Business

The second level in work breakdown structure contains the:

A) Projects. B) Deliverables. C) Subdeliverables. D) Work packages.

Business