A Decision Support System (DSS)is an Organized Collection of People,procedures,software,databases,and

question 77

True/False

A decision support system (DSS)is an organized collection of people,procedures,software,databases,and devices that provides routine information to managers and decision makers.

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Definitions:

Tasks

Specific pieces of work to be done, often as part of a broader project or job.

Equilibrium

The point at which market demand and supply equalize, stabilizing price levels.

Equitable Distribution

The fair allocation of resources among all members of a community or society.

Incentive to Change

Factors or motives that encourage individuals or organizations to modify their behavior or decisions.