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Essay / Research Paper Abstract
This 8 page paper considers the process that is undertaken when a decision in made. The different types of decision, such as operational, managerial and strategic are examined and models, such as Simon (1977). The paper then considers the role of management support systems (MSS) and decision support systems (DSS). The bibliography cites 8 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEdecpro.rtf
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Unformatted sample text from the term paper:
no consideration. Memory and brains system have developed rules and multiple memory system help with the automatic decision where the many information ventures are meshed together (Klein et al, 2002).
The many inputs will include pre-existing knowledge, past experience and any reasoning that may result form these inputs interacting with the knowledge of the situation (Klein et al, 2002). This
maybe as simple as deciding when to cross a road, or as difficult assessing a complex as considering an offer of marriage. However, whatever the decision there will be similar
processes. As such when looking at the commercial world and the way in which decision are made there are the same processes, which may be framed in different ways and
analysed with various tools (Klein et al, 2002). When considering decision making we first need to define what is meant. Here the making of a decision may be defined as
a process that takes place when there are different courses of action available which will meet a goal or goals. Managerial decision making is the process in its entity and
synonymous with the management process. To appreciate the process and the different tools that may be used the different categories of decision making need to be appreciated. At
the lower level there are operational decisions. These are the decision that are made on a daily basis, decisions such as scheduling and control. Generally, these decisions will be highly
structures, and in many ways they may be supported by software or be seen to resemble that is a rule based system. The next level is the management level. The
decisions here will be more complex, the time taken to reach the decision may be longer, here the tools and the decision itself will be less structured, but tools may
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