IS 312 Lecture Notes - Lecture 13: Sunscreen, Sensitivity Analysis, Decision Matrix

• School: CSUN
• Department: Accounting and Information Systems
• Course: IS 312
• Professor: Christopher G Jones

Document Summary

Identify the phases in the decision-making process, and use a decision support framework to demonstrate how technology supports managerial decision making. Describe and provide examples of different ways that organizations use business intelligence (bi). Specify the bi application available to users for data analysis, and provide examples of how each application can be used to solve a business problem at your university. Describe 3 bi applications that present the result of data analysis users, and offer examples of how. The manager"s job and decision making: managaement, 3 basic roles of managers: Decision role: 4 phases of decision making. 5. 1: the process & phases in decision making (slide 6) What managers need it support: the number of alternatives is constantly increasing, most decisions are made under time constraints, uncertainty in the decision environment, group decisions making required. What information technologies are available to support managers: data sources [data warehouses business intelligence] corporate goals.