In what way would decision support add value to a small busi

In what way would decision support add value to a small business? Or could it actually be value-reducing? How is DSS in a small business different from a large one? You may use your own examples in answering this question.

Solution

Decision support adds a lot of value for a small business in many ways such as:

No, DSS cannot be value reducing provided it is used wisely and information is correctly interpreted.

Small businesses are more inclined towards DSS and appreciate the usage of computer and information system to support their organizations in decision making. Smaller business takes help of DSS in ensuring that correct marketing and financial decisions are taken. Later organization generally uses it to compare the progress from one month to another or from one statistics to another. They have fixed pattern and using which for very specific parameters and projects they use decisions support system.

Example: When a plane is in automated mode then it flies without a pilot and all the decisions are taken by the DSS.