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Definition
| Applications and technologies that focus on gathering, storing, analyzing, and providing access to data from many different sources to help users make better business decisions. |
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| Primarily stand-alone system that uses some type of model to perform "what-if" and other kinds of analyses. |
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| A system that supports decision making by allowing users to extract and analyze useful information that was previously buried in large databases. |
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Definition
| A collection of current or historical data from a number of applications or groups. Can be a small PC or a massive data warehouse. |
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Definition
| Collection of software tools that are used for data analysis, such as OLAP tools, datamining tools, or a colleciton of mathematical and analytical models. |
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Definition
| Models that ask "what-if" questions repeatedly to determine the impact of changes in one or more factors on the outcomes. |
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Term
| geographical information system (GIS) |
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Definition
| System with software that can analyze and display data using digitized maps to enhance planning and decision making. |
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| customer decision-support system (CDSS) |
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Definition
| System to support the decision-making process of an existing or potential customer. |
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| group decision-support system (GDSS) |
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Definition
| An interactive computer-based system to facilitate the solution to unstructured problems by a set of decision-makers working together as a group. |
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Definition
| The ability to move from summary data to lower and lower levels of detail. |
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| Model for analyzing firm performance that supplements traditional financial measures with business perspectives, such as customers, internal business processes, and learning and growth. |
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Definition
| Model for identifying all the company activities that cause costs to occur while producing a specific product or service so that managers can see which products or services are profitable or losing money and make changes to maximize firm profitability. |
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