Chapter 6, Problem 8DQ

Summary Introduction

To determine:

Benefits and drawbacks in using computerized technology in managerial decision making.

Introduction:

Computerized technology is when you use computer software and applications such as programmes to accomplish a task. This is when business use certain systems in business activities.

Managerial decisions are any decision based on the operations of a business, these includes setting targets growth rates, hiring and firing employees etc.

Therefore, there are many computer systems that businesses could use while making decisions, such as decision-based systems/ business decision management systems etc. these are automated systems.