Managerial Decision-Making
In the digital era, people have turned to computer technology for managerial decision-making. The advantage of using computers is their ability to process a large amount of data and analyze it to give relevant information. Electronic devices are faster and more accurate than the human brain. (Alyoubi, 2015). Therefore, the output is reliable and valid. Besides, computers enhance interpersonal communication where individuals exchange ideas regardless of their geographical location to arrive at the most appropriate decision. However, using computer technology in managerial decision-making has some disadvantages. For instance, inaccurate input results in a biased outcome that misleads managers when making decisions (Neziraj & Shaqiri, 2018). Furthermore, computer systems are rigid in that it is time-consuming and expensive to improve an existing application to increase its functionality.
When choosing a reputable college to join, utilizing computer technology is significant since it enables an individual to research thoroughly. A person comes up with a list of high-performing schools and selects the most appropriate one at the end (Mardani et al., 2015). Professionally, when making a managerial decision for companies located in different parts of the world, it would be hard for one to do it without using computer technology. At this point, a computer will help to gather and analyze data from all the subsidiaries to see the trend. Afterward, one can use the information obtained to make managerial decisions that are generalizable for all branches (Shaikh & Karjaluoto, 2015). Most importantly, it is possible for an individual to get the data from all firms while seated in the office.
To conclude, computer technology is an essential tool that facilitates managerial decision-making. Furthermore, it enables one to collect data faster, process, and analyze it thus a person gets reliable and accurate results. Nevertheless, if one uses inaccurate input, the outcomes can be misleading.
References
Alyoubi, B. A. (2015). Decision support system and knowledge-based strategic management. Proceedings of Computer Science, 65, 278-284.
Mardani, A., Jusoh, A., Nor, K., Khalifah, Z., Zakwan, N., & Valipour, A. (2015). Multiple criteria decision-making techniques and their applications – A review of the literature from 2000 to 2014. Economic Research, 28(1), 516-571.
Neziraj, E. Q., & Shaqiri, A. B. (2018). The impact of information technology in decision making process of companies in Kosovo. Information, 51(1), 13-23.
Shaikh, A. A., & Karjaluoto, H. (2015). Making the most information technology and systems usage: A literature review, framework, and future research agenda. Computers in Human Behavior, 49(1), 541-566.