CIN502 Information Systems in Organization Topic 4: Decision Support and Artificial Intelligence The following questions needs to be answered before the next tutorial/lab class. Short – Answer Questions 1. What are the four types of decisions discussed? Structure Non-Structure Recurring Decision Non-recurring Decision 2. What are the four steps in making a decision? Intelligence Design Choice Implementation 3. What is a DSS? Describe its components. A system that is design
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Decision Making at Google Inc. Data Google defines itself as a non-conventional company which intentionally avoids the traditional management models. “Google has been managed differently in an atmosphere of creativity and challenge.” That said by Eric Schmidt‚ CEO‚ who also affirms that the business is driven according what Peter Drucker understood as a way to manage the “knowledge workers” in 1959. The idea was first described in his book ’The Landmarks of Tomorrow’. "We know now that the source
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Trillana vs. Quezon College G.R. No. L-5003 June 27‚ 1953 Paras‚ J. • • • • Facts Issue Held Ratio Decidendi Facts • Appellee - NAZARIO TRILLANA‚ administrator • Appellant - QUEZON COLLEGE‚ INC.‚ claimant Facts • Deceased Damasa Crisostomo sent a letter to defendant regarding her subscription to shares of capital stock in QC‚ Inc. • Damasa Crisostomo died on October 26‚ 1948. • As no payment appears to have been made on the subscription mentioned in the foregoing
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In this article‚ the author sees decision making as a blend of authority and developmental patterns. He classifies managers into consensus managers who cleverly persuade their team to advance towards set goals and take-in charge guys who drive others through their effective leadership. However‚ the decision making capability of managers are often restricted by their personal and political issues abound in all organisations. He says that while critical decisions involving substantial money and significant
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What makes humans unique? How do Humans differ from other species? These questions have been on the minds of social scientists over the years. Some have said that humans are just like other primates. While some others have mentioned that humans did not exactly descend from chimpanzees or gorillas‚ but it might be possible that humans and other primates have shared a common ancestor. It’s true that they share a lot of similarities but on the other hand they also have a lot of differences. The three
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JGT2 Decision Analysis Task 1 A. Recommendations on how to improve current workflow in the Shanghai plant: In this section of the task‚ as the operations consultant of Shuzworld‚ I present my recommendations in detail on how to improve current workflow in the plant of Schuzworld’s Shanghai production facility. As I reached the Shanghai plant‚ I received a warm welcome by the plant’s operating director Mr. Alistair Wu. Wu is responsible for production at all the three facilities in China. His team
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will describe the concept of managerial decision-making. It will look specifically at the ‘Rational Decision-Making Model’‚ exploring the shortcomings of this approach‚ and will suggest possible ways a manager could overcome these issues when striving to make a rational decision that will bring benefit to an organisation. Throughout this essay‚ empirical research and examples from academic literature will be presented to illustrate the discussion. Decision-making is arguably the single most important
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Ben Bates graduated from college six years ago with a finance undergraduate degree. Although he is satisfied with his current job‚ his goal is to become an investment banker. He feels that an MBA degree would allow him to achieve his goal. After examining schools‚ he has narrowed his choice to either Wilton University or Mount Perry College. Although internships are encouraged by both schools‚ to get class credit for the internship‚ no salary can be paid. Other than internships‚ neither school will
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currencies. What do you think‚ is this a good offer for USASuperCars or not? 5) In USASuperCars‚ the Sales manager is willing to accept HSBC’s offer‚ but the CEO is not. Who is more risk-averse? 6) What other risks the bank is taking apart from the uncertainty in the exchange rates? 7) If the offer is to pay the sure sum in three months’ time rather than in twelve months’ time‚ would that make any difference? When would the bank and when the company would prefer the
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Routine and Intuitive Decisions. The power of intuition in decision making. As our life becomes more dynamic and less structured‚ intuition gains more and more recognition as an essential decision making tool. You have probably heard of experienced decision makers who are able to directly recognize the best option or course of action in many tricky situations. The solution just comes to them from somewhere in their subconscious mind‚ instead of being a result a lengthy chain of logical derivations
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