use of computers in decision making presentation

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Uses of computers in business decision making : 

Uses of computers in business decision making

Decision Making : 

Decision Making Decision making is the study of identifying and choosing alternatives based on the values and preferences of the decision maker. It happens at all levels of business.

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There are different types of information systems designed to help the managers in decision making at various levels.

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Information Systems Transaction Processing system Management Information system Intelligent Support system Office Automation system

Transaction Processing Systems (TPS) : 

Transaction Processing Systems (TPS) It is an information system that records company’s internal & external transactions . A TPS meets the needs of operational managers; the output of the TPS becomes the input to an Management Information System (MIS).

Management Information Systems (MIS) : 

Management Information Systems (MIS) ‘MIS’ is a planned system of collecting, processing, storing and disseminating data in the form of information needed to carry out the functions of management.

Uses Of MIS : 

Uses Of MIS It is a well integrated system that monitors and controls the internal operations of an organization. The input to an MIS comes primarily from TPS & other sources from within the company. The output of an MIS takes the form of summary reports & exception data.

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Transaction Data TPS MIS Summary Reports Exception Reports

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Intelligent Support systems Decision Support systems Executive Support systems Expert systems

Conclusion : 

Conclusion Computers & information systems function at core of entire industries like medicines, automobiles etc. Managers at different levels make different decisions, so kind of information systems required are also different. The information systems thus play a very important role in business decision making.

Bibliography : 

Bibliography Books: Computers Today by Websites:

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