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Decision Support Systems To Create A Competitive Advantage

Author

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  • Mitran DANIELA

    (Athenaeum University, Bucharest, Romania)

Abstract

This paper presents the evolution of Decision Support System (DSS) technologies and issues related to DSS definition, application and limitations. A modern DSS is capable to measure all relevant parameters, carry out an in-depth analysis, and suggest possible courses of action and future trend in a given area. Offering useful insights to businesses, the DSS can help in building and maintaining competitive advantages. The advancements in computer, mobile and internet technologies have had a strong impact on the design of a DSS and its capabilities.

Suggested Citation

  • Mitran DANIELA, 2019. "Decision Support Systems To Create A Competitive Advantage," Internal Auditing and Risk Management, Athenaeum University of Bucharest, vol. 55(3), pages 76-82, September.
    • Handle: RePEc:ath:journl:v:55:y:2019:i:3:p:76-82
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    More about this item

    Keywords

    Decision Support System; competitive advance;

    JEL classification:

    • M15 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - IT Management
    • C44 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Operations Research; Statistical Decision Theory

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