Why is DSS Important for Strategic Decision-Making?
Strategic decisions shape the long-term direction of an organization. A DSS is crucial because it: - Integrates diverse data sources to present a holistic view of the business landscape. - Simplifies complex data into visualizations and dashboards, making it easier for leaders to grasp key insights. - Supports risk management by identifying potential risks and providing mitigation strategies. - Enhances resource allocation by analyzing the potential return on investment (ROI) for various projects.