Using IT for Decision Making First, read the Information Systems Course Module i

Question

Using IT for Decision Making

First, read the Information Systems Course Module in the Week 2 Learning Resources, paying particular attention to the Levels of Decision Making. For purposes of this discussion, we will use a retail business as an example. This retail business is comprised of the corporate headquarters, regions (oversees several stores in a geographic area) and individual stores. Each of these aligns to one of the three levels of decision makers in an organization.  

Main Postings: Select one of the levels of decision making and identify one decision that a manager at that level might make. The decision must relate to the retail business and what it does. Then, explain what information a manager at that level might get from the IT systems (such as inventory management or customer information system) to aid in making that decision.

REFERENCES.

Example: Managerial Level: The Regional Director makes a decision to shift inventory that is not selling in one store to another store where sales in those items are high. To support this decision, the Regional Director would need information on sales of specific products by store.

Explanation / Answer

For example a company is planning to expand its product range.

Managerial level- management accountants at the company have been improving the way the company deals with the strategic and operational data about its global energy projects to improve strategic planning. The company brought together data from many projects and opportunities across different countries into a single system. Compiling such information was difficult because of the size of the company operations but this was made possible with the help of the system which highlighted where the company should allocate resources keeping in mind its current and potential performance.

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