Mind map

Managerial decision making

Bruno Zaragoza Gutierrez Spanish

Map content

Management information system MIS
- System to support and help decision making
Enterprise resource planning system ERP
- Provides information of an enitre organization
Scout for porblems
- Make de decision for solving them
  - Monitor the consequences
Brain storming
- Electronic brainstorming
  - Same thing but over a computer network
- Suggests a broad range of alternatives
non-programmed decision making
- Decision made to a problem which is unique
- Poorly defined and unstructured
Managers are sometimes defined as decsion makers
Business inteligence software
- Analyze data
Programmed decision making
- Decision that has been experienced before
- Enough wisdom to solve the problem
Devils advocate
- Challenges asumptions of a group of people
E bsuiness or E commerece
- Businesses or process which take place in the computer network
Intranet and Extranet
- Internal communication system through internet and external
Risk propensity
- Willgness to undertake a problem for greater profit