scholarly journals Accounting professionals perceptions concerning the influence of information technology in decision-making process

2014 ◽  
Vol 8 (1) ◽  
pp. 1-13 ◽  
Author(s):  
Adriano Antonelli Ricardo ◽  
Brito de Almeida Lauro ◽  
Douglas Colauto Romualdo ◽  
Luiza Longhi Fernanda
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Decision Making Process ◽  
Accounting Professionals

IT in Manufacturing and Logistics for SCM and OP in SMEs

2020 ◽  
pp. 109-117 ◽  
Author(s):  
Wei Hung ◽  
Yao-Wen Hsu
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Supply Chain ◽  
Statistical Analysis ◽  
Organizational Performance ◽  
Manufacturing Sector ◽  
Decision Making Process ◽  
Chain Management ◽  
Modern Age ◽  
Wide Range

This analysis focusses on the effects of Information Technology (IT) and how it significantly affects the Supply Chain Management (SCM) in logistics and manufacturing-Small and Medium-Sized Enterprises (SMEs). Apart from that, our purpose is to evaluate how IT affects the Organizational Performance (OP) in the enterprises. Irrespective of the fact that IT cannot be applied in every enterprise, the findings in this research are based on the statistical analysis which shows that a wide-range of workforce in the modern age has adopted the initiative considering the complexities of SCM and mostly to maximize OP in the enterprises. This research was done based on the analysis of SMEs in logistics and manufacturing sector in India. The sample used to conduct this research makes it valid to draw assumptions that managers and CEOs are responsible for coordinating enterprise operations in SMEs. The evaluation in this research shows that the workforce is obliged to formulate strategies to allow employees to enhance their competency of IT. In that regard, the findings are essential for the enhancement of the decision-making process, SCM and OP.

DEVELOPMENT OF MODELS FOR DIAGNOSTIC DIABETES BASED ON FUZZY LOGIC METODS

2021 ◽  
pp. 90-95
Author(s):  
Евгений Николаевич Коровин ◽  
Екатерина Ивановна Новикова ◽  
Олег Валерьевич Родионов
Keyword(s):  
Mathematical Modeling ◽  
Decision Making ◽  
Information Technology ◽  
Fuzzy Logic ◽  
Human Body ◽  
Patient Information ◽  
Decision Making Process ◽  
Speed Up ◽  
Definition Of

В статье рассматриваются разработки методов интеллектуальной поддержки процесса диагностики сахарного диабета, а также определение его типа. В последние годы количество людей, страдающих данным заболеванием, неуклонно растет, а без своевременной диагностики эта патология может нанести огромный вред организму человека. Сахарный диабет 1 типа опасен тем, что в основном возникает у людей молодого возраста. Оперативное обнаружение диабета, а также определение его типа, поможет не только избежать возможных осложнений, но и в некоторых случаях предотвратить смерть пациента. Информационные технологии все чаще используются в различных сферах деятельности для разработки новых или совершенствования существующих методов обработки данных, особенно это можно заметить в сфере медицины. В настоящее время врач самостоятельно ставит диагноз, основываясь на результатах различных анализов, однако, для ускорения процесса принятия решения, можно воспользоваться методами математического моделирования, а именно: моделями диагностики диабета на основе нечеткой логики. Для наибольшего удобства данный способ распознавания заболевания впоследствии можно реализовать в информационно-программное обеспечение, которое сможет еще больше увеличить эффективность и скорость распознавания патологии The article discusses the issues of the incidence of diabetes in the population, in particular, the definition of its type. In recent years, the number of people suffering from this disease has been steadily growing, and without timely diagnosis, this pathology can cause enormous harm to the human body. Prompt detection of diabetes, as well as determination of its type, will help not only avoid possible complications, but also in some cases prevent the death of the patient. Information technology is increasingly being used in various fields of activity to develop new or improve existing methods of data processing, especially in the field of medicine. Currently, the doctor independently makes a diagnosis based on the results of various analyzes, however, to speed up the decision-making process, you can use the methods of mathematical modeling, namely, models of diabetes diagnostics based on fuzzy logic. For the greatest convenience, this method of disease recognition can subsequently be implemented in information software, which can further increase the efficiency and speed of pathology recognition

Organizational Data Mining (ODM)

2011 ◽  
pp. 1-8
Author(s):  
Hamid R. Nemati ◽  
Christopher D. Barko
Keyword(s):  
Artificial Intelligence ◽  
Data Mining ◽  
Decision Making ◽  
Information Technology ◽  
Competitive Advantage ◽  
Current Status ◽  
Decision Making Process ◽  
Actionable Knowledge ◽  
The Core ◽  
Mining Tools

An increasing number of organizations are struggling to overcome “information paralysis” — there is so much data available that it is difficult to understand what is and is not relevant. In addition, managerial intuition and instinct are more prevalent than hard facts in driving organizational decisions. Organizational Data Mining (ODM) is defined as leveraging data mining tools and technologies to enhance the decision-making process by transforming data into valuable and actionable knowledge to gain a competitive advantage (Nemati & Barko, 2001). The fundamentals of ODM can be categorized into three fields: Artificial Intelligence (AI), Information Technology (IT), and Organizational Theory (OT), with OT being the core differentiator between ODM and data mining. We take a brief look at the current status of ODM research and how a sample of organizations is benefiting. Next we examine the evolution of ODM and conclude our chapter by contemplating its challenging yet opportunistic future.

A Needle in a Haystack

2011 ◽  
pp. 310-320
Author(s):  
Chad J. Cray
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Empirical Research ◽  
Failure Rate ◽  
Project Managers ◽  
Decision Making Process ◽  
High Failure Rate ◽  
It Projects ◽  
Extant Literature ◽  
Development Methodology

Considering the high failure rate of information technology (IT) projects over the last 40 years, project managers should use all the tools at their disposal in order to make their project a success; however, more than half of all project managers fail to use a powerful tool that is readily available – a development methodology. A development methodology provides structure to a project, which facilitates communication, establishes expectations, enhances quality and promotes consistency. One potential reason project managers do not employ a development methodology is that selecting the correct methodology from among the hundreds available can be an overwhelming task. For this reason, understanding the decision-making process, and identifying those factors that influence it, is a worthwhile endeavor. While empirical research in this area is lacking, a review of the extant literature reveals several factors that are important when choosing a development methodology. In this chapter, many of these factors are identified, a model for categorizing them is proposed, and a model for selecting a methodology is presented.

scholarly journals The impact of information technology in decision making process of companies in Kosovo

2018 ◽  
Vol 51 (1-2) ◽  
pp. 13-23
Author(s):  
Emin Qerim Neziraj ◽  
Aferdita Berisha Shaqiri
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Decision Maker ◽  
Business Process ◽  
New Technologies ◽  
Decision Makers ◽  
Decision Making Process ◽  
Or Organization ◽  
The Impact ◽  
Future Business

Before the decision makers set much higher requirements in the decision-making than ever before due to the environment of decision-makers subject to change under the influence of progress and development of new technologies, networking individual or organization inside and the outside environment, and modern means of communication enabling continuous inflow, flow and sharing of data and information. In these modern conditions the process of collecting, analyzing, selecting data and information to make informed decisions in the context of possible restrictions and the available options, and ultimately making decisions as the basis for future business or behavior, is not simplified. The use of new technologies in the decision-making process provided numerous opportunities to facilitate decisions selection. However, the decision maker should still be able to differentiate which knowledge should be used to serve in decision making, and which models, methods, tools, systems, and procedures to be used in certain situations, with the purpose of successful decision selection. In this paper, we will examine the decision making process during the business process of the companies in Kosovo.

Financial Appraisal and the IS/IT Investment Decision Making Process

1998 ◽  
Vol 13 (1) ◽  
pp. 3-14 ◽  
Author(s):  
Joan Ballantine ◽  
Stephanie Stray
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Capital Investment ◽  
Investment Decision ◽  
Decision Making Process ◽  
It Investment ◽  
It Investments ◽  
Investment Appraisal ◽  
Investment Decision Making ◽  
Financial Appraisal

This paper explores the techniques used by organizations to appraise Information Systems (IS)/Information Technology (IT) investments, and concentrates, in particular, on techniques of capital investment appraisal. We draw on relevant studies reported in both the accounting and finance, and the IS literature, which have addressed their usage. Where possible comparisons are drawn between both sets of literatures. The results of a survey that specifically examined IS/IT investment appraisal practices of a sample of UK companies is also presented. Among the issues discussed include the extent to which capital investment appraisal techniques are used to appraisal investments, the importance of the techniques used and the problems attendant on the decision making process.

scholarly journals Possibilities of Farm Management Decision Support

2003 ◽  
pp. 287-292
Author(s):  
Róbert Szilágyi
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Decision Support ◽  
Farm Management ◽  
Management Decision ◽  
Decision Making Process ◽  
The West ◽  
Decision Supporting ◽  
Decision Supporting System ◽  
Management Decision Support

Computer science has a major role in the decision-making process of farmers. In this process IT can be applied to virtually all phase: from infromation gathering to information processing. I am examining the position of informatics in the decision-making process. IT can be used in every single phases of the decision-making process. In my essay the useage of Internet and the possibilities it can provide play a significant role.After a brief description of the IT position of Hungarian agriculture I am introducing some programs, which can be used in the management’s decision-supporting system. Besides the Hungarian experiences the West European surveys also comfirm the application of Information Technology.

scholarly journals Financial Literacy of Students – The Case Study of UITM in Rzeszów, Poland

e-Finanse ◽  
2020 ◽  
Vol 16 (3) ◽  
pp. 106-118
Author(s):  
Karolina Palimąka
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Young People ◽  
Literature Review ◽  
Financial Literacy ◽  
Financial Knowledge ◽  
Decision Making Process ◽  
Degree Programs

Abstract The article focuses on the phenomenon of financial literacy of students. Financial literacy is treated as a combination of financial knowledge and the decision-making process where one has to make a choice based on experience and theory. The aim of this paper is to draw attention to the essence of financial literacy, including knowledge of banking (especially of young people). For this purpose, a literature review was used. Own research complements the topic as a case study, where the author verifies whether students assess their knowledge in a way that corresponds to reality and verifies whether students need to expand their financial knowledge sorely necessary nowadays. The survey was completed by 380 students from University of Information Technology and Management in Rzeszów, of both economic and non-economic field of studies. There are some unexpected results, for example the most important is that students from a financial field of studies end up with worse results than their peers from the non-financial degree programs.

scholarly journals A New Informatics Geography

2016 ◽  
Vol 25 (01) ◽  
pp. 251-255 ◽  
Author(s):  
E. Coiera
Keyword(s):  
Decision Making ◽  
Information Technology ◽  
Expected Utility ◽  
First Principles ◽  
Task Completion ◽  
Decision Making Process ◽  
Task Space ◽  
New Information ◽  
The World ◽  
Unanticipated Consequences

Summary Introduction: Anyone with knowledge of information systems has experienced frustration when it comes to system implementation or use. Unanticipated challenges arise frequently and unanticipated consequences may follow. Objective: Working from first principles, to understand why information technology (IT) is often challenging, identify which IT endeavors are more likely to succeed, and predict the best role that technology can play in different tasks and settings. Results: The fundamental purpose of IT is to enhance our ability to undertake tasks, supplying new information that changes what we decide and ultimately what occurs in the world. The value of this information (VOI) can be calculated at different stages of the decision-making process and will vary depending on how technology is used. We can imagine a task space that describes the relative benefits of task completion by humans or computers and that contains specific areas where humans or computers are superior. There is a third area where neither is strong and a final joint workspace where humans and computers working in partnership produce the best results. Conclusion: By understanding that information has value and that VOI can be quantified, we can make decisions about how best to support the work we do. Evaluation of the expected utility of task completion by humans or computers should allow us to decide whether solutions should depend on technology, humans, or a partnership between the two.

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