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An organisation is reviewing its decision-making information systems and has asked you to recognize suitable assessment criteria for this review.
Value for money. Value for money offered by the information systems that make decision making information is a relevant criterion. Value for money is often expressed as the 3 Es - Economy, Efficiency and Effectiveness.
Cost. Ongoing cost of the existing system is obviously a important criterion especially when set against other factors like as other organisational investments.
Timeliness. Information must be given to decision-makers in sufficient time for it to be used in the decision-making process.
Relevance. Information requires to be relevant to the decision being made by decreasing uncertainty and enhancing knowledge about that decision.
Ask question #Minimum 100 words accepted What is the value of studying the humanities in a business or technical curriculum? How might a topic such as ancient art enhance contempor
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How has McLaren overcome the market entry barriers that are present in the mass car market?
QUESTION (a) Organisations are systems that exist in the context of an external environment, an interdependent relationship, interact with it in order to survive and grow. Any
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Estimate the manufacturing cost for a bearing housing following the Formula Student Costing Scheme. Dimensions and materials of the bearing housing will depend on your student
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Protecting and strengthening the organization's position in its present markets by its current products
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A transport company must collect and deliver loads from and to various locations along a straight road (call it the x -axis). The truck must start and end each day at the origin (t
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