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MIS > Chapter 4 Analytics, Decision Support and Artificial Intelligence > Flashcards

Chapter 4 Analytics, Decision Support and Artificial Intelligence Flashcards

1
Q

Phases of Decision Making

A
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2
Q

Satisficing

A

sacrifing the best solution for the optimal one

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3
Q

Decisions by Type

A
  • recurring: happens repeatedly, often periodically
  • nonrecurring: make infrequently
  • structured: processing a certain kind of information in a specified way to always get the right answer
  • nonstructured: several right answers, with no right way to obtain them
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4
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MIS (4 decks)

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