Question
What is Decision Support System (DSS)? Explain different components of DSS with a diagram. How it does facilitate managers in decision making.
Answer :
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Decision Support Systems (DSS) are a specific class of computerized information system that supports business and organizational decision-making activities. A properly designed Decision Support System is an interactive software-based system intended to help decision makers compile useful information from raw data, documents, personal knowledge, and/or business models to identify and solve problems and make decisions.
Different components of DSS with a diagram:-
Components of the Decision Support Systems
1. The data base:
a. is a collection
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