DECISION SUPPORT SYSTEMS TO CREATE A COMPETITIVE ADVANTAGE

Daniela Mitran

Internal Auditing and Risk Management, 2019, vol. 55, issue 3, 76-82

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.

Keywords: Decision Support System; competitive advance (search for similar items in EconPapers)
JEL-codes: C44 M15 (search for similar items in EconPapers)
Date: 2019
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