Management Information Systems: Managing The Digital Firm (16th Edition)
Management Information Systems: Managing The Digital Firm (16th Edition)
16th Edition
ISBN: 9780135191798
Author: Kenneth C. Laudon, Jane P. Laudon
Publisher: PEARSON
Expert Solution & Answer
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Chapter 12, Problem 17MLM

Explanation of Solution

Factors preventing managers from making good decisions:

  • Decision-making is a vital element of modern management.
  • A manager must take lot of important decisions in his day-to-day operations.
  • Decision making is choosing the course of action from a possible list of options, that can have an impact to the business function.
  • Because of this, good managers need to consider several factors before deciding a course of action.

Some of the important constraints that hinder making good decisions are as follows:

  • Relevant information
    • The absence of adequate and accurate data will affect the quality of decisions taken.
    • Less information is as ineffective as too much information.
    • Handling the data and extracting the relevant information is needed.
    • Skill to handle the data, store the data from previous experiences are also needed.
  • Manager’s capacity / skill
    • The intelligence level of the decision maker and their ability to handle information is important factor...

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