final blogspot #2

Question # 3:

1. Describe or define DSS.

- A decision support system (DSS) is a computer program application that analyzes business data and presents it so that users can make business decisions more easily. It is an informational application that collects the data in the course of normal business operation.

2. Distinguish DSS from MIS.

-DSS was filled with magic we thought that managers would be directly involved with computers to evaluate scenarios and support their decision-making. DSS was largely reduced to spreadsheet reports and accessing and reporting historical data. Executive Information Systems (EIS) that followed DSS provided what became routine reporting systems for historical data with their routine, non-imaginative, complex, and even boring interfaces.

-While Management Information System (MIS) is a subset of the overall internal controls of a business covering the application of people, documents, technologies, and procedures by management accountants to solving business problems such as costing a product, service or a business-wide strategy. Management Information Systems are distinct from regular information systems in that they are used to analyze other information systems applied in operational activities in the organization.

3. Illustrate (give examples) how DSS can improve company's competitive advantage and organizational performance.

Examples:



*BuildDecision Support Systems using intelligent rule-based tools

*Capture, organize, prioritize ideas in the meeting room or over the web

*Use internal prediction markets to make correct strategic decisions

References:

techterms@whatis.com

www.FacilitatePro.com