MIS 111 Lecture Notes - Lecture 28: Stock Market, Mesa, Decision Support System

• School: University of Arizona
• Department: Management Info Systems Main
• Course: MIS 111
• Professor: ALL

Document Summary

Identifying expertise facilitates the communication between employees looking for knowledge and experts who have that knowledge, frequently asked questions (faqs), best practices. Coplink video 0 number one database in mesa, grabs information from anywhere in the region. Decision support: success of an organization depends on the quality of its information and decisions, decisions must be made when more than one possible action is available. Often difficult to make decisions when many reasonable alternatives present. Intelligence phase (scoping) collect data and transform into information. Design phase (algorithm) select a method for considering data. 1. structured is an optimal solution can be reached through single set of steps, by using an algorithm (most mathematical and physical problems) Parameters: categories of data considered in algorithm. 2. unstructured problems exists when an algorithm doesn"t exist, the options are very complex, or the calculation requires an impractical amount of time to solve. Common characteristics are many potential factors, complex relationships.