Question
Which of the following is the most critical success
factor for the implementation of a Decision Support System (DSS) within an organization?Solution
Flexibility is the cornerstone of a successful DSS implementation in dynamic business environments. A Decision Support System is designed to assist managerial decision-making by analyzing large volumes of data, generating insights, and supporting "what-if" analyses. However, its effectiveness depends significantly on its adaptability to changing market trends, evolving organizational structures, and new business goals. A rigid DSS fails to accommodate these changes, rendering its outputs obsolete or irrelevant. Flexibility ensures that the DSS remains a valuable tool, offering timely and accurate insights regardless of external or internal shifts. For example, a DSS for inventory management that can integrate new supplier data seamlessly would help organizations maintain competitiveness and efficiency. Why Other Options Are Incorrect:
- A) Real-time reporting is important but secondary to adaptability since not all decisions require real-time data.
- B) Integration with ERP systems enhances data availability but does not directly impact the DSS's ability to handle dynamic changes.
- D) Cloud-based technologies improve scalability but do not ensure flexibility in the system's operational logic or usability.
- E) Historical data reliance may lead to biased or outdated decisions, especially in rapidly evolving industries.
42, 54, 78, 114, 168, 222
What will be come in place of (?) in the given number series.
2, 6, 18, 54, ?, 486The median of the following distribution is:
The ratio of Pawan's income to Qureshi's income is 6:5. Pawan spends 75% of his income, while Qureshi saves 24% of his income. What percentage of Pawan'...
142.07 + 21.89 – (128.12 ÷ 7.81 – 12.09 × 6.98) = ?
A line with slope m touches the parabola y ² = 4ax. The equation of the tangent is:
A man spends 35% of his income on food, 25% on rent, and the remaining amount on other expenses. If he saves ₹9,000, which is 20% of his income, find ...
A man invests ₹20,000 in a scheme that offers a 10% simple interest per annum. After how many years will his total amount become ₹30,000?
24, 13, ?, 29, 117, 937
If cos A = 4/5 and A is an acute angle, find the value of 3 tan A + 4 sec A.