what are decision support systems(DSSs)? How do business use them?

Q: model

A: In the context of machine learning and artificial intelligence, a "model" refers to a mathematical…

Q: Explain in your words the ADIA model importance and provide an example to express your understanding…

A: The ADIA stands for Attention, Interest, Desire, and Action figure is a promoting effect model that…

Q: How does the availability heuristic impact decision-making processes in the context of information…

A: The availability heuristic is a cognitive bias that affects decision-making processes by relying on…

Q: What kind of model/framework is followed for organizational decision making by TCS?

A: Model of Data and Analytics Operations Today, data is a company's most valuable asset. It improves…

Q: Write one advantage and disadvantage of Multiple Choice Questions ?

A: Multiple choice questions are those questions that have many options to answer and one correct…

Q: -Can you Present a diagram of the consumer decision process and describe  the role of marketing in…

A: The process that helps the consumers become aware of the need for a product, understand the right…

Q: How is data different from information? Information from knowledge

A: Data refers to the factual information  used as a basis for reasoning, discussion, or calculation.…

Q: Describe Limited decision making?

A: Consumer behavior explains the different attitudes and personalities of different segments of…

Q: How can decision support systems be used in today's business world?

A: Introduction:Decision support systems (DSS) are computer-based tools that assist individuals and…

Q: What is Customer satisfaction and provide an example of it.

A: Customers normally evaluate the benefits they get from the consumption of a product by comparing…

Q: What is Market-Value Analysis?

A: Market value refers to the price that any asset would fetch from the market or the value that is…

Q: management support systems support decision making at different level?

A: Manager support system(MSS) are Softwares that acts as a source of information for managerial use.…

Q: with

A: Talking about the controlled states then, control stars are the states where the state governments…

Q: Trace how you might go through the steps in the consumer decisionprocess if you were thinking of…

A: Customer will have to go through various phases of decision making before making any purchase of the…

Q: What role, if any, should the government playin ensuring that consumers have easy access torelevant…

A: Product information is described as a document that includes important information regarding a…

Q: management support systems support decision making at different level?

A: The manager support system is computer-based programs that aid in managerial use of information…

Q: What role does predictive modeling play in marketing analytics?

A: Marketing analytics is a field of study that involves the collection, analysis, and interpretation…

Q: How do personal relationships and recommendations influence consumer preferences?

A: Consumer preferences refer to the subjective opinions, attitudes, and tastes that guide consumers in…

Q: Think of a purchase you recently made. Describe what you did and what happened at each stage of the…

A: Businesses must comprehend the decision-making process behind purchases in today's consumer-focused…

Q: WHAT are customer relationship groups ?

A: Introduction : Customer Relationship Groups are those groups through  which a company can gain more…

Q: Explain the meaning of problem-solving in depth

A: ANSWER:- Everything happening in this world has its problems. This is because no system in this…

Q: Explain the concept of data warehousing and its role in decision support systems.

A: In the modern era of data-driven decision-making, organizations generate and collect vast amounts of…

Q: How does an organization become sustainable using SR and HM?

A: SR stands for Social responsibility and HM stands for human management. Social responsibility is the…

Q: Business intelligence adoption problems.

A: Introduction:Implementing business intelligence (BI) systems can revolutionize how organizations…

Q: Six steps in problem solving and explain three

A: The steps involved in problem-solving are as follows: Define the Problem Determine the Root Cause…

Q: How can marketers use online services and the internetto obtain information for decision making?

A: Marketers use online services and the Internet to obtain information for decision making by…

Q: Explain the following theories of information : (a) Decision Theory of information (b) Transaction…

A: a) Decision Theory of information: Decision theory is a branch of mathematics that deals with the…

Excel

Microsoft Excel is a useful as well as powerful data analysis and documentation programme. Microsoft Excel is a spreadsheet program developed by Microsoft that is available for Windows, macOS, Android, and iOS. It includes calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications (VBA).