ICT Decision Making Flashcards
1
Q
ICT’s Application to Decision Making
A
ICT can accelerate many aspects of Decision Making
2
Q
Stock Inventory (ICT)
A
Decisions on when to order stock can be calculated and implemented by software
3
Q
Information Systems
A
These collect data and can aid decision making and forecasts.
EPOS does this particularly well
4
Q
Buying Online (ICT)
A
-Analysis of browsing and buying habits
-Cookies
-Database Marketing
5
Q
Decision Making Models (ICT)
A
Decision Trees and Critical Path Analysis can be carried out by computers which is much faster than doing it by hand.
