tag:blogger.com,1999:blog-87204878620592571932026-07-23T23:06:14.385-07:00Unknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8720487862059257193.post-4396099053375057412008-09-02T18:23:00.000-07:002008-09-25T03:39:35.644-07:00<span style="font-weight:bold;"> Decision Support System (DSS).</span> <br /> <br /><span style="font-weight:bold;"><br />Q1. Define <a href="http://bookghar.com/Management%20book.html">Decision support system</a>?</span><br /><br /> * Decision support system provides solution to the unstructured problem using system technique and models.<br /> * Decision support system is a specialized Management information system designed to support an executive’s skill at all stage of decision making.<br /> * Decision support system use decisions model and specialized database.<br /> * Decision support system is the interactive computer based Information system.<br /><br /> <br /> <br /><span style="font-weight:bold;"><br />Q2. What are the benefits of using Decision support system?</span><br /><br /> * The feature of well designed Decision support system is that it is Flexible to generate immediate Response to a variety of disjointed queries with the help of inbuilt formulas, functions, graphs etc.<br /><br /> <br /> <br /><span style="font-weight:bold;"><br />Q3. What are the different components of Decision support system?</span><br /><br /> * Basic components are not predefined in Decision support system.<br /> * However we generally use these components:-<br /><br /> 1. DSS generator.<br /> 2. Model management system.<br /> 3. DBMS.<br /> 4. Dialog management system.<br /><br /> <br /><br /> o DSS generator is the software used to develop Decision support system and coordinate its processing tasks.<br /> o Model management system enables creation, maintenance and application of quantitative and statistical prototype to manipulate Decision support system data as per needs of Decision maker.<br /><br /> <br /> <span style="font-weight:bold;"><br /><br />Q4. What are the different Decision support system analysis techniques</span>?<br /><br /> * Decision support system analysis techniques are:-<br /><br /> 1. Statistical.<br /> 2. Operation Research.<br /> 3. What if analysis.<br /> 4. Goal- seeking.<br /> 5. Optimization.<br /><br /> <br /> <span style="font-weight:bold;"><br /><br />Q5. What are the different <a href="http://bookghar.com/Financial%20Accounting%20For%20Management.htm">statistical tools</a> we used in Decision support system?</span><br /><br /> * Automated regression analysis.<br /> * Automated correlation analysis.<br /> * Analysis of variance.<br /><br /> <br /> <br /> <br /><span style="font-weight:bold;"><br />Q6 what are the different Operation research tools?</span><br /><br /> * Linear Programming.<br /> * Regression.<br /> * Simulation. (To anticipate success levels).<br /><br /> <br /> <br /><span style="font-weight:bold;"><br />Q7. Define “what if analysis”?</span><br /><br /> * It is the technique that enables decision making to reformulate a problem repeatedly until a feasible solution is achieved.<br /><br /> <br /> <span style="font-weight:bold;"><br /><br />Q8. Define the Competitive strategy concept?</span><br /><br /> * Strategic information system is an information system that support or shape the competitive position and strategies of an enterprise.<br /> * It can be any kind of information system.<br /> * Competitive forces that shape the structured of competition in industry.<br /><br /> <br /> <br /><span style="font-weight:bold;"><br />Q9. What are the different types of <a href="http://bookghar.com/Business%20Administration.html">Competitions in industry</a>?</span><br /><br /> * Rivalry of competitors within its industry.<br /> * Threat of new entrants.<br /> * Threat of substitutes.<br /> * Bargaining power of customers.<br /> * Bargaining power of suppliers.Unknownnoreply@blogger.com0