Management Decision Making And Information Systems Essay
Globalization in the modern world, as well as the advancement of information technology, has prompted every business to embrace information systems in all their activities for their ultimate success. Decisions require the collection of information to enable the accumulation of assets in the long run. Information processing, on the other hand, requires the business to embrace information systems of the advanced technology. Where a company applies information system technology in its operations, the organization is open for new opportunities and also benefits from having improved decision making by the management. Information systems have a critical role in management decision making.
Management Decision Making and Information Systems.
There are economical and organizational changes due to the development of information systems. While information systems were previously used in operational systems, they have since been embraced in management decision making. Information systems entail the methods applied by an organization to use information technology, process, store and use it while disseminating the instructions to their employees. It gives the organization a competitive edge against their competitors. The employment of information systems allows an organization to redesign their business processes by using technology systems.
Managers are engaged in decision making during most of the time in any institution. For the managers to make decisions which will…