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.

Question

Please original work Talk about your current organization’s greatest needs for creating a balanced scorecard for management consulting firm, and steps you would take to design the balance scorecard. Please cite in text references and add weblinks.

Answer 1

Question

Chapter 9, 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.

Expert Solution & Answer

Trending nowThis is a popular solution!

See solution

Check out sample textbook solution

Students have asked these similar questions

Please original work Talk about your current organization’s greatest needs for creating a balanced scorecard for management consulting firm, and steps you would take to design the balance scorecard. Please cite in text references and add weblinks.

Please original work How do you think organizations can effectively balance short-term resource constraints with the need for long-term investments in areas like technology and employee development, especially when both are critical to achieving strategic goals? Please cite in text references and add weblinks

Importanc of the process Tuckman's model”(Forming, Storming, Norming, Performing, and Adjourning)