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4i - Decision Making

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Mind Map on 4i - Decision Making, created by James_Dove on 15/04/2015.
James_Dove
Mind Map by James_Dove, updated more than 1 year ago
James_Dove
Created by James_Dove almost 11 years ago
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4i - Decision Making
  1. Decision Making
    1. Management need to make decisions
      1. Based upon all the information available to them
        1. Current
          1. Past
            1. Projected
          2. MIS provides this information
            1. In the form of reports
              1. Regular schedules reports
                1. Specially requested reports
            2. Using an MIS to make decisions
              1. Information
                1. Reports
                  1. Analysis
                  2. Decisions with expert systems
                    1. Expert system suggests decisions
                      1. Whereas MIS only provides information
                      2. Scenarios can be modelled
                        1. By answering questions with different variables
                          1. Expert systems provide answers to the what-if questions
                            1. Simulates the effect of the data
                              1. Gives a diagnosis based upon the scenario given
                                1. Managers can use these diagnoses to determine the best way forward
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