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Information about Management Support System
Nov 25, 2024
Management Support System (MSS)
Introduction
Computer-based system that helps management in decision-making.
Managers can use it to perfect their activities and functions.
Functions
Provides information using internal and external data.
Assists managers in decision making such as investment, price determination, and sales forecasting.
Types
1. Decision Support System (DSS)
Analyzes large data to provide the best options.
Projects revenue figures and forecasts outcomes of various decisions.
2. Executive Information System (EIS)
Provides senior executives easy access to critical data.
Assists in strategic decision-making.
3. Group Decision Support System (GDSS)
Helps multiple users to communicate and make decisions together.
Expert System
Mimics human judgment and behavior using a knowledge base.
Utilizes technologies like voice recognition and chatbots.
Features
Uses a knowledge database to store internal and external information.
Processes data using software systems.
Managers operate through a user interface.
Conclusion
MSS supports management decision-making.
Both DSS and EIS are part of the management support system.
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