The output bias includes concepts such as scale effects and wishful thinking.
The underlying assumption of re-engineering is that small changes over time can eventually cause a business to be misaligned with the ideal target.
Enterprise information systems are designed to be used by the top-level executives of an organization.
The four primary reasons for building and using models include: understanding the process, _________, prediction, and simulation.
Decision support systems provide support in three main categories: data collection, analysis of models, and ___________.
If a decision must be made that affects the business for a day or two, it is probably made at the:
People tend to have biases in decision making. Without models, people tend to rely on simplistic “rules of thumb” and fall prey to a variety of common mistakes. Mistakes in the processing biases include: