Premium Essay

Answer for You a+++ Guaranteed

In: Business and Management

Submitted By seven7
Words 639
Pages 3
Discussion 1:
Decision support system refers to the computer applications which help in analyzing the business data so as to facilitate the business decision process. For example, it helps in carrying out the comparative analysis of the sales figures for the specific period of time, forecasting the demand, projecting the project revenues, identifying workers productivity and analyzing different decisions with respect to its consequences. It presents the information in the graphical form and may include expert systems like artificial intelligence.
It is an interactive software based system which helps in compiling huge amount of information such that the information helps in taking decisions, better learning and timely problem solving.
References:
1. http://www.informationbuilders.com/decision-support-systems-dss 2. http://searchcio.techtarget.com/definition/decision-support-system
Discussion 2:
Management Information System (MIS) and Decision Support System (DSS) are two important terms of business management. MIS helps linking various disciplines in the business and assist in building the communication among the corporate people, while DSS includes analyzing the data so as to reach the effective and efficient decisions.
MIS includes gathering of information and facilitates the planning process pertaining to several functions of management. On the other hand, DSS focuses on leadership and provides innovative vision to the management by enabling them to analyze the data and reach the decisions.
MIS focuses on operational efficiency and DSS focuses efficiency in decision making. MIS includes two way flow of information while DSS includes one way flow that it information is used only upwards. MIS reports are not flexible while DSS reports have flexibility. MIS includes the input of large volume of data while DSS includes input of low volume of…...

Similar Documents

Free Essay

Answers

...Answer 1: Allowing personal communication in a business organization can be a hindrance to the productivity of the work force , [ [ in the sense that allowing personal communication means allowing non business related exchanges of information and feelings among the work force which affects the worker's attitude , thus affecting the performance of the workers thus this gives a negative productivity rate. Answer 3: You can format your headings as noun, questions, or gerunds (–ing phrases that function as nouns), [ just make sure you remain consistent. Nouns as Headings Questions as Headings Gerunds as Headings Plan Draft Revise Edit Proofread How Do I Plan an Essay? How Do I Draft an Essay? How Do I Revise an Essay? How Do I Edit an Essay? How Do I Proofread an Essay? Planning Drafting Revising Editing Proofreading Parallelism in headings Close this Share Menu Share this page If you wish to recommend or share this page by e-mail, social bookmarking or social networking, click on the icon of your choice: • [pic]E-mail • [pic]AOL Mail • [pic]Gmail • [pic]Hotmail • [pic]Yahoo! Mail • [pic]Blogger • [pic]Google+ • [pic]Twitter • [pic]Bebo • [pic]Facebook • [pic]LinkedIn • [pic]MySpace • [pic]Delicious • [pic]Digg • [pic]Diigo • [pic]Google Bookmarks • [pic]Reddit [pic] Access to the proposed sites is free, but you must have a user account. Access to these sites may vary depending on your...

Words: 2630 - Pages: 11

Premium Essay

Answer

...not. Well, generally speaking, … is fine with me, but I’m not so keen on the … of …. To tell the truth, … To be honest, … Preference I’d much prefer … I’d rather … I enjoy … much more than … Reasoning Well, there are many reasons to this, but the most important one is that … Lengthening the Answers Well, there are many …, but … is always my favorite. Well, it depends. Hesitation Hmm/Er/Well/… Exemplification For example For instance Say Take … as an example Such as Absolute Comparison …, which is definitely/absolutely/by far/by all means/undoubtedly/probably the most … I’ve ever … Prediction It is quite likely that … … will probably … Asking for Repetition I’m sorry, but I didn’t quite catch the meaning/sentence/question. I beg your pardon. Would you please repeat the question? Sorry, what was that? Asking for Explanation I’m afraid I don’t quite understand. I’m sorry, but I am not quite sure what you meant by … Sorry, but what does … mean? Could you please explain what you mean? Business English Certificate Speaking Course Shanghai NOS 陈文笠 (Henry) Chapter Three Part One – Mini interview Pre-mini-interview Name Spelling Mark Sheet Hometown Introduction Name Shanghai Soochow Canton Tibet ......

Words: 2820 - Pages: 12

Free Essay

You You You

...You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy You you you you you yo uoy oy oy oy o yo yo yoyo y oy oy oy oy yo yo yo yo yo yoyo y oy oy oy oy oy...

Words: 310 - Pages: 2

Premium Essay

Answers

...Answer Key to HW 1 1. a. The opportunity cost is the value of Kevin’s next-best-alternative, in this case, staying at the current job. The value includes two parts: first he can now keep the costs associated with the new venture, $3,200,000; second he earns salary from current job, $50,000. Hence the opportunity cost is $3,250,000. b. The accounting cost is simply $3,200,000. In order to generate positive accounting profit, the revenue has to be more than $3,200,000. For positive economic costs, he needs to earn at least $3,250,000. 2. At the given prices, income and advertising input, the quantity demanded for good X is: Qx = 100 − 3 ∗ 25 + 4 ∗ 35 − 0.01 ∗ 20000 + 2 ∗ 50 = 65 EQx ,Px = ∆Qx /Qx ∆Qx Px 25 = × = −3 × = −1.15 ∆Px /Px ∆Px Qx 65 If Invigorated PED raises shoe prices, the percentage decline in the quantity demanded of its shoes will be greater in absolute value than the percentage rise in price. Consequently, demand is elastic. EQx ,Py = ∆Qx /Qx ∆Qx Py 35 = × =4× = 2.15 ∆Py /Py ∆Py Qx 65 Since the cross-price elasticity of demand is positive, good Y is a substitute for good X. QQx ,M = ∆Qx /Qx ∆Qx M 20000 = × = −0.01 × = −3.08 ∆M/M ∆M Qx 65 The income elasticity of demand for X is negative, so Invigorated PED’s shoes are inferior goods. The inverse demand function is as follows: 1 4 1 2 100 Px = − Qd + Py − M + Ax + x 3 3 300 3 3 3. a. shifts demand to the left: at a given price for the Ford Taurus, some of its potential buyers will now purchase the new......

Words: 880 - Pages: 4

Free Essay

Answers

... True False Question 14 1 / 1 point The Console.Error property returns: a standard error stream object. a new error. an object of type error. None of these. Question 15 1 / 1 point Method ________ of class BinaryFormatter reads a serialized object from a stream and recreates the object in memory. Deserial Deserialize Deserializable DSerial Question 16 Which of the following statements is false? 1 / 1 point To apply a style to a control, you create a resource binding between a control's Styleproperty and a Style resource by using a markup extension-an expression enclosed in curly braces ({}) of the form {ResourceType ResourceKey}. There are two types of resources. Static resources are applied at initialization time only. Dynamic resources are applied every time the resource is modified by the app. Because styles normally change during runtime, they are usually used as dynamic resources. By default, the AppBar button styles are located in XML comments within theStandardStyles.xaml file. To use these styles you must first remove them from the comments. Question 17 1 / 1 point WPF events which behave like Windows Forms events are called ________. expandable events tunneling events bubbling events direct events Question 18 1 / 1 point What kind of exception is thrown if there's a problem opening or creating a StreamWriter? Exception StreamException OpenAndCreatingException IOException Question 19 Characters in C# are Unicode characters, each......

Words: 27152 - Pages: 109

Premium Essay

Do You Think That Business Process Outsourcing Would Have Improved Wal-Mart’s Profits? Justify Your Answer.

...Question 3 Do you think that Business Process Outsourcing would have improved Wal-Mart’s profits? Justify your answer. Introduction: Nowadays, outsourcing firms are emerging like mushrooms across the globe. Outsourcing is a journey of two organisations seeking jointly to overcome predictable challenges (Nakkiran S John; Franklin D, 2005). BPO stands for ‘Business Process Outsourcing’ which is the process through which one company hands over part of its work to another company, making it responsible for the design and implementation of the business process under strict guidelines regarding requirements and specifications from the outsourcing company (Destination India, 2009). Today anything that can be outsourced gets outsourced and BPO can include the following key functions: administration, finance and accounting, human resources, payment services, sales, marketing and customer care, supply chain management and software development among others. Almost every developing country in the world today has its Business Process Outsourcing companies that not only accommodate the outsourcing needs of the local industry but astonishingly offer business processing services to other foreign countries as well. Wal-Mart is one of the largest companies in America and its reputation is based on its strategies to minimize operating costs and maintain low prices which attract most of its customers. In today’s challenging business environment, many companies are looking for ways to......

Words: 1574 - Pages: 7

Premium Essay

Internet Exercise. This Week You Are to Focus on Two Internet Exercises. Explore the Websites and Answer Specific Questions.

...MasterCard member and was found on the company Expedia, Inc. website known as expedia.com which is a popular website that many consumers go to when they are trying to reserve a flight, hotel, or a car whether for one night or a vacation getaway. This ad for MasterCard member is about unused vacation time and the rewards point which could be used toward additional vacation time. What this ad does is that it aims to address the need for consumers with MasterCard who don’t take advantage of their vacation days. The actual state (what the consumer recognizes as already existing) in this ad would be not using these vacation days while the desired state (what the consumer would like) would be wanting to take advantage of your vacation days which you have earned . This ad recognizes a problem by addressing what is an active problem which is a problem that consumers are already aware of (unused vacation days). This ad could therefore be effective as marketers only have to persuade consumers that using their MasterCard is the superior solution to their known problem of not using their vacation days....

Words: 453 - Pages: 2

Premium Essay

Answer

...Dear students, These are answers and guidance to the homework, and I hope that it will be useful to you. If you have any problems or there is something wrong with the answers, you can contact me by Email. hanjijiayou@gmail.com. Yours, HanJi Uniervsity of International Business and Economics IMBAProgram Managerial Economics Problem set #1 March 12, 2011 1. Suppose Carl and John lived on an island. Initially, there were unaware of each other. So each was forced to be self-sufficient. Carl found that it took him 1 hour to pick a kilogram of fruits or catch one fish. John found that it took him 1.5 hours to pick a kilogram of fruits or 3 hours to catch one fish. The productivities of the two individuals are shown in the table below. Labor requirements for fruits and fish |Labor required for: | | |1 kilogram of fruits |1 fish | |Carl |1 hour |1 hour | |John |1.5 hours |3 hours | 1) What is the absolute advantage in production. Who has the absolute advantage of producing both goods, Carl or John? Define the absolute advantage,as we can see from the......

Words: 1446 - Pages: 6

Premium Essay

You Are an Entrepreneur

...You Are an Entrepreneur Abstract In this paper I am going to speak and focus on a business called My Health. My Health is a home healthcare agency ran by my business partners and I. Stephanie Robinson, who is a Registered Practitioner, Ashley Manns, who is a Medical Assistant and I, Ashlee Burns. I am a Registered Nurse with my Master’s Degree in Business Administration with a concentration in Healthcare Management. My Health will have all different types of staffing from an Office Manager to a Medical Assistant. My Health offers patients the opportunity to get affordable healthcare treatment in the comforts of their home. I will be discussing the form of my business and also comprised in this paper will be a balance sheet and an income statement. My Heath is a home healthcare agency ran by business partners Stephanie Robinson, Ashley Manns and I, Ashlee Burns. Stephanie Robinson is a Nurse Practitioner that has ten years of experience. Ashley Manns has been a practicing Medical Assistant in a medical office setting for five years. I am a Registered Nurse that has three years of experience in nursing with a background in administrative and insurance reimbursement work. I also have my Masters in Business Administration with a concentration in Healthcare Management. My Health is going to provide affordable medical attention to patients in the comforts of their home. The My Health staff will be checking on the patient a couple of days throughout the week......

Words: 1569 - Pages: 7

Premium Essay

‘the Reichstag Fire Was More Important Than the Night of the Long Knives for Hitler’ How Far Do You Agree with This Statement? Explain Your Answer.

...for Hitler’ How far do you agree with this statement? Explain your answer.  (10)  Both the Reichstag Fire and the Knight of the Long Knives were of great importance to Hitler in hi journey towards his consolidation of power. Whereas one can be seen as the straw on the camels back to Hitler's consolidation, the other can be seen as the framework towards the final triumph. The Reichstag Fire was an important turning point in Hitler’s consolidation of power. This incident brought the Nazis many advantages and some disadvantages. When the police managed to enter the building they found a man named Marinus Van Der Lubbe, who was a Dutch communist. The fact that he was a communist enabled Hitler to use this against the communists and have 4,000 communist leaders imprisoned days before the elections. During this period of terror for Germany the police could do anything, more specifically the Nazi police. Hitler made the most out of this situation; he used the police to intimidate voters and to disrupt communist party meetings. The fact that a communist was found burning the Reichstag building made all of this possible for Hitler, although it has been argued that the Nazis might have started the fire and that Van Der Lubbe was framed for the crime. Shortly afterwards Van Der Lubbe was tried and executed. In addition, it allowed Hitler to persuade Hindenburg to pass the “Enabling Act”, which suspended all the articles in the constitution, which guaranteed personal freedom.......

Words: 940 - Pages: 4

Free Essay

Guaranteed Income Scheme

...equality by ensuring that even those who are unemployed earn some income. Therefore, through guarantee income, the government reduces or eradicates the dependency ratio, thus spurring economic activity. The economic security guaranteed by income guarantee schemes is very important for the sake of social order and economic equality. Since every citizen has the same rights, it is necessary to ensure that the needs of all are catered for. Economic disparity is a common problem in many countries, and the governments implement numerous programs with the aim of tackling it ( McGregor and McKillop, 2003: 20). Income guarantee programs offer the best blueprint towards ensuring that the disparity in economic sense is bridged. This serves an economic, social, and political purpose, because once every citizen is assured of some kind of income, there can be overall development, reduced crime, as well as satisfaction across the political divide. The history of income guarantee programs can be traced from Caliph Abu Bakr who offered free income to citizens, American revolutionary Thomas Paine who championed for citizen dividend, Emperor Napoleon Bonaparte who affirmed every citizen’s right to enjoy the produce of the earth, and Robert Theobald who called for guaranteed minimum income in 1963 through his publication (OECD, 2013: 35). Income guarantee schemes are dangerous to economic development in the sense that they encourage complacency and dependency on the state. Citizens......

Words: 3623 - Pages: 15

Premium Essay

Answer

...Ch 3 Critical Thinking and Discussion Questions 1. Outline why the culture of a country might influence the costs of doing business in that country. Illustrate your answer with examples. Answer: Since in a sense the entire chapter is about this question, there can be numerous reasons and examples of how culture influences the costs of doing business. Several are highlighted in the following sentences, but there could be numerous others. When there are simply different norms between how individuals from different countries interact, the costs of doing business rise as people grapple with unfamiliar ways of doing business. For example, while in the US we may get down to business first, and then get to know each other socially later, in many South American countries it is important develop a good social relationship before trying to discuss business issues. Different class structures and social mobility also raise the costs of doing business. If there are inhibitions against working with people from different classes, then the efficiency with which information can flow may be limited and the cost of running a business increased. A country's religion can also affect the costs of business, as religious values can affect attitudes towards work, entrepreneurship, honesty, fairness, and social responsibility. In Hindu societies where the pursuit of material well-being can be viewed as making spiritual well being less likely, worker productivity may be lower than in nations......

Words: 960 - Pages: 4

Free Essay

Answer

...quality education and promote lifelong learning opportunities for all Please explain why. (Please limit your answer to 300 characters.) Although every afghan family suffers financial difficulties at some point due to the increasing rate of unemployment (which is mainly caused by lack of education and specialization) and my family was no exception regarding the issue, when compared to most of my friends and relatives, I was fortunate and privileged. My father earned enough for me to study without ever having to stop to support my family financially, but there were so many of my friends that despite being gifted, ambitious and outstanding students were in pursuit of better employment opportunities and faced financial difficulties constantly. Very often they had to give up their dreams of pursuing higher education and simply take care of their family’s needs, being the sole breadwinner in the family. I always felt their pain and could see have helpless they felt, but could not do anything to help. It is time for that to change. I hope youth assembly gives me a better sense of how I can help those who have the desire but not the means to follow their education. I believe to change the future for good, we shouldn’t focus on material realities of today but the mental realities, and by that I mean the perception and the mind-set of the current and coming generations. What would you like to accomplish while there? Without any doubt this experience will be utterly eye opening,......

Words: 701 - Pages: 3

Premium Essay

Answer

...Answering Exam Questions Many of the semester exams allow you to choose 2 or 3 questions to answer from a list. The first thing to do once you have made your choice of questions to answer is to see how much time this gives you per question – and stick to it. If you overrun badly on the first answer it means that you have less time to answer other questions well. It is also probable that you are not writing a clear answer either! Leave space to come back to it at the end if you have time and go on to the next question. For each question….. 1. Re state the question in your own words at the top. This shows the examiner your basic understanding and how you are thinking. It also helps you to frame your answer and focus your mind. 2. Write your answer plan. Choose the key words in the question and from these plan your answer. E.g. does it ask for examples, does it ask you to critically evaluate rather than discuss? What are the areas that you need to concentrate on? Use these key words and themes to form the basis of the answer plan. 3. Use your plan to write out the answer in full. Use theory and frameworks and cite references where appropriate. From an examiner’s viewpoint it is always good to see frameworks applied in context as it shows understanding. 4. Stick to the time you have allowed yourself!...

Words: 252 - Pages: 2

Free Essay

Answer for You Use as a Guide

...Core Router for each location: Cisco 2811:  * Provides access to high speed internet (T1/T3) * Provides security features that usually come with the PIX IOS (hence MPLS/Site to Site) * Allows VLAN's at each location.  Core switches for each location:  Cisco Catalyst 3950:  * Has x2 gigabite uplink ports for a fiber connection to the Cisco core router.  * Allows VLAN's, and trunking to other Cisco compatible devices.  Lines for each location:  This depends on what your needs are. They can be a normal T1, bonded T1's or a T3 line for increased bandwidth. You may also want to have a fail over ISDN line for redundancy reasons, and depending if you have a sever farm of not, you may need additional bandwidth.  * Connection should be fiber (copper lines are more stable, but slower. Satellite is way to slow).  * Connections should be T1/T3 lines, with a failover T1/T3 or ISDN line.  Heres how the whole thing would play out (in a Cisco world at least): Global Network: * Each network should have a Cisco 2811, which will be the CPE of the network.  * Each network should have a high speed fiber connection (type of connection will be determined on bandwidth consumption, along with need for VoIP).  * Each network should have a failover line (T1/T3 or ISDN). Best practice is that both lines should be the same as the primary line.  * MPLS should be used to connect all networks together, hence a third T1/T3 connection. If......

Words: 370 - Pages: 2