Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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- Discuss the contemporary approaches to information systems.
- Explain the various objectives and components of a Decision Support System with a suitable example.
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- Who determines organizational data maintenance and usage decisions?arrow_forwardWhat are the key distinctions between operational data and decision-making information?arrow_forwardunderstanding usefulness of “data-driven decision making”. Now consider this from a “business partner” perspective. How could data and metrics help strengthen relationships with their business partners? In other words, what value would this add to the business?arrow_forward
- How does proactive system monitoring contribute to effective system management?arrow_forwardExplain the concept of Total Cost of Ownership (TCO) in IT resource management and its importance in decision-making.arrow_forwardDescribe the role of AI and chatbots in modern CRM systems. How do these technologies improve customer service and automate routine tasks?arrow_forward
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