INFORMATION AND INFORMATION TECHNOLOGIES FOR BUSINESS DECISION-MAKING
Journal Title: Acta Economica - Year 2003, Vol 2, Issue 2
Abstract
This work shall deal with the information that is used as resource for business decision-making, information technologies, information systems and the process of decision-making based on models. Information is a resource of the business process along with the material, power and organizational resources. In the course of their development, information systems broaden their significance and pass through phases from the system for data processing, through management systems and decision-making support systems to the expert systems and systems based on neuron networks. The decision as a choice among several possibilities will be more reliable and rational if it is based on the correct, tested and scientifically based information. In the decision-making process, however, so called "soft" information are being used as well. Different models that will also be tackled in this work support taking proper decision.
Authors and Affiliations
Лазар Радовановић, PhD
Keywords
Related Articles
- EP ID EP43571
- DOI -
- Views 252
- Downloads 0
Actual trends of financial system regulation changes
Every financial system due to risks of its complexity, dynamism and openness, is inevitably controlled and regulated by local and international regulations. Advantages of regulation for the health of the financial system...
Human Capital, Entrepreneurship and Rural Growth of the Serbian Economy
In the new economy, based on knowledge and innovation, the concept of human capital is becoming an increasingly important factor of growth (and development) not only for urban, but also for rural areas. The studies deali...
Openness of Small Transitional Economies – Revised Analysis after the Global Economic Crisis
The influence of the economy’s openness on overall economic growth and development is a widely explored topic among economists with still unclear conclusions. They mainly stem from different ways of measuring the degree of...
SMALL TRANSITION EMERGING MARKET FUTURE
Changing conditions in modern capital markets environment transforms stock exchanges from non for profit organizations with central positions in capital market and special governmental treatment to profit oriented compan...
A global aspects of the tourism on the non-developed, unsettled and neglected territories of the European Union, by the application of the integral rural development method
EU shows an interest for the tourism development, on the non- developed, unsettled, neglected and far off territories. The development of the rural tourism is realized according to the plan, through the integral rural de...