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What are the main responsibilities of managers? What are the advantages for managers to use IT support in business decision-making?
Managers have three basic roles and they are interpersonal roles, informational roles and decisional roles. Decision-making has three stages, Intelligence, design and choice. [ Managers evaluate employees, set marketing budgets for consumer products, perform capital acquisition analysis, and trade bonds. Managers monitor situations, identify and clarifies problems. They also do short-term
forecasting, personnel reports, project scheduling and budget analysis. Managers use test data and set standards for evaluating potential problems. They resolve problems by implementing them. The advantages for managers to use IT support in business decision-making is to minimize cost and maximize profits. The nature of decisions supports operational control, management control and strategic planning. IT supports structured and semi structured decisions. Business intelligence systems support a manager s decision making. Managers had the advantage of using business intelligence to make better business and strategic decisions ]
Expert answered|shifa saleheen|Points 5256|
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Asked 8/23/2011 4:12:35 PM
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