IT205 DQ2W3 - systems help senior executives monitor...

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Compare the characteristics of a management information system and a decision support system. Why are the decision support systems suited for executive decision-making? Why must an executive support system be flexible and easy to use? Management information systems (MIS), help managers monitor and control the business by providing information on the company’s performance. They normally produce predetermined, regularly scheduled reports based on the data extracted and summarized from the company’s original transaction processing systems (TPS). Decision support systems ( DSS ) provide analytical models or tools for analyzing large quantities of data and supportive interactive queries for middle managers who face semi structured decision situations. Executive support
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Unformatted text preview: systems help senior executives monitor organizational performance, track activities of competitors, identify changing market conditions, spot problems, identify opportunities, and forecast trends. Employees lower down in the corporate hierarchy also use these systems to monitor and measure business performance in their areas of responsibility. Executive support systems help senior managers with unstructured problems by combining data from internal and external sources for high level overviews or drilling down to detailed transaction data. Businesses will operate less effectively and efficiently if this unique knowledge is not available for decision making and ongoing operations....
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This note was uploaded on 06/12/2011 for the course IT 205 1 taught by Professor Managementofinformationsystems during the Spring '11 term at University of Phoenix.

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