1. In your opinion, what is the most important thing about Analyzing Information
ID: 3779815 • Letter: 1
Question
1. In your opinion, what is the most important thing about Analyzing Information for business decisions making ( chp6 of information system business)
2.Briefly discuss the different phases of Simon's Decision Making Model.
3.Compare and contrast structured, semi-structured, and unstructured decisions. How easy would it be to automate each type using a computer program?
4.Discuss the information you would need to determine how many hamburger buns you should order for the weekend as a manager at Burger King.
( Please if the sum of all answers can have more than 300 words i will appreciate it, thank you)
Explanation / Answer
Solution:
Q1. The most important thing about analyzing information for business decision making is the tool or method that is being used to analyse the information. As, we know that analysis is a critical step for a sound business decision process hence, the most efficient the tool or method will be, the most efficient the analysis process will be.
Q2. Simon's Decision Making Model contains the following phaes:
a) The intelligence phase: This phase includes some important actions to be taken like finding, identifying and formulating the problem that are being necessary for the particular decision. It can be said that iintelligence phase mainly helps in deciding that what is to be decided. The final thing that come into the hand of decision makers is the decision statement for the problem.
b) The design phase: This phase includes the proper go through of the options that are available and after the deep research findng the appropriate alternatives. It also includes setting up of the objectives for the decision which is being worked upon.
c) The choice phase: This phase includes work upon the alternatives choosen in the design phase and picking up the best from them. In thi phase, decision makers finally get the decision on which they will ultimately work for the organization.
Q3. Structurd decision:
a) a decision that is made quiet often or in routine
b) it directly depends on the inputs available
c) its decisions are based on well-defined procedures
Unstructured decisions:
a) a decision that is generally new or taken for the first time
b) it contains lots of unknown information about the decision
c) its decisions are not based on well-defined procedures
Semi-structured decision:
a) a decision whch is a combination of structured and unstructured elements
b) it includes human experience along with other outside factor also
Q4. The information that would be needed to determine that how many hamburger buns should be ordered for the weekend is the number of people that would be available at the Burger King office on the weekend. According to the people available the decision for the order should be made.
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