Knowledge Management Systems (KMS) in Organization: A Collaborative Model for Decision Makers Ruzaif Adli Bin Md. Daud Principal Consultant Sigma Rectrix Systems (M) Sdn Bhd Abstract With expansion and growth in computing technology‚ systems for supporting decision-makers in planning can be crucial‚ either to expedite and enhance the work environment or to gain efficient and effective forecasting results‚ as to compete with other rivals in business war-gaming. In this paper‚ we will
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computer-based systems‚ which help decision makers utilize data and models to solve unstructured problems (Scott Morton‚ 1971). A Decision Support System (DSS) is an umbrella term used to describe any computer application that enhances the user’s ability to make decisions. More specifically‚ the term is usually used to describe a computer-based system designed to help decision-makers use data‚ knowledge and communications technology to identify problems and make decisions to solve those
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Some Types and Uses of Data Models Different Types of Data Models One of the things you often find people arguing about is what a data model is‚ and what it is for. Here’s one of the secrets of analysis: when you find people arguing passionately about something‚ try to discover why they are both right. So it is with data models. Data models have many purposes. These cause differences in both style and content‚ which can cause confusion‚ surprise‚ and disagreement. This section looks at some
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In order to describe and identify an information system it is necessary to define what an information system is. An information system is a database within a computer system that has the ability to gather and provide meaningful information. This information includes all departments of a business. In order to include all aspects of the business the information system used must have different applications for different departments. A manufacturing company would use an application that keeps track of
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What Is a Management Information System? A management information system (MIS) is a set of systems and procedures that gather information from a range of sources‚ compile it and present it in a readable format. Managers use an MIS to create reports that provide them with a comprehensive overview of all the information they need to make decisions ranging from daily minutiae to top-level strategy. Today’s management information systems rely largely on technology to compile and present data‚ but
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Effectiveness of an ERP Vendor’s Customer Support E-system By Sofia S. Zuberi Supervisor: Peter Steverin Master’s Thesis in Business Administration 27 June 2010 Abstract In today’s business climate many organizations are implementing ERP systems to connect all their processes into one system thereby hoping to benefit off the resulting efficiencies. ERP Vendors are trying to best cater to the needs of their customers‚ and this extends into the post-implementation period where customers
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Module 7 Assignment 1: Decision Support Paper Collaboration Technology B7783 - Solution-Oriented Decisions Models Argosy University Introduction Product and the Markets of Japan and India The current state of the art in the technology being reported on meeting the needs of the target consumer‚ marketing can be broken down into the elements of product‚ price‚ place‚ and promotion (Perreault‚ Cannon‚ & McCarthy‚ 2008) where the P of product refers to a physical good or service
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A PROJECT REPORT ON Challenges & Issues of Management Information System Implementation in India BY Miss. UMA AMBEKAR MIM SEMESTER V BATCH: (2011-2014) ROLL NO: 03 UNDER THE GUIDANCE OF PROF. GIRISH YADAV WELINGKAR INSTITUTE OF MANAGEMENT INSTITUTE OF MANAGEMENT DEVELOPMENT & RESEARCH LAKHAMSHI NAPOO ROAD‚ NEAR MATUNGA (CENTRAL RLY)‚ MUMBAI- 400 019 DECLARATION I‚ UMA HARIBHAU AMBEKAR‚ a student of MIM program‚ V Semester of 2011 – 2014 batch at
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Solution : TYPES OF DECISION MAKING WITH AN EXAMPLE Irreversible These are type of decisions‚ which if made once cannot be undone. Whatever is decided would then have its repercussions for a long time to come. It commits one irrevocably when there is no other satisfactory option to the chosen course. A manager should never use it as an all-or-nothing but instant escape from general indecision. Reversible These are the decisions that can be changed completely‚ either before‚ during or after the
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