Tag Archives | Decision-Making

Top 10 Techniques of Decision-Making

This article throws light upon the top ten techniques of decision-making. The techniques are: 1. Marginal Analysis 2. Financial Analysis 3. Break-Even Analysis 4. Ratio Analysis 5. Operations Research Techniques 6. Linear Programming 7. Waiting-line Method 8. Game Theory 9. Simulation 10. Decision Tree. Decision-Making: Technique # 1. Marginal Analysis: This technique is used in decision-making to figure out how [...]

By |2016-06-18T08:22:53+05:30June 18, 2016|Decision Making|Comments Off on Top 10 Techniques of Decision-Making
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Management Information and Decision Support System

This article will help you to make comparison between Management Information and Decision Support System. Managers at all levels require information to be provided to them with speed, brevity, precision and economy to enable them to carry out their functions effectively. This need is satisfied by means of a management information system. A Management Information System (MIS) is a system [...]

By |2016-06-18T08:22:53+05:30June 18, 2016|Decision Making|Comments Off on Management Information and Decision Support System
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