Assess Technology for Effective Decision Making, writing homework help

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Select one of the technologies mentioned in this week’s introduction (MRP, ERP, DSS, Expert Systems, software simulations) and one analytical method and research it. Then, write a paper that summarizes the selected technology and analytical method and how these are used in decision making. Compare and contrast how these have been used by two real-world businesses. Begin your paper with an introduction that states a thesis and explains how the body of the paper is arranged to support it. Close the paper with a conclusion in which you summarize and synthesize the main points presented in your paper.
Consider the following as you prepare your paper:
How does this technology and analytical method support an ethical and successful business? Does this technology and analytical method support communications at all levels of the organizations you selected? Why or why not? How does this technology and analytical method influence approaches to decision making?
Support your paper with a minimum of five scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.
Length: 10-12 pages, not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards.
The following rubric applies to the grading of this Signature Assignment.
Grading Rubric
Criteria Content (20 points) Points 1 Selected one technology to compare and contrast how these have been used by two real-world businesses. 5 2 Determined if this technology and analytical method supports communications at all levels of the selected organizations, and explained why or why not. 5 3 Explained how this technology and analytical method support an ethical and successful business. 5 4 Explained how this technology and analytical method influence approaches to decision making. 5 Organization (5 points) 1 Organized and presented in a clear manner. Included a minimum of five scholarly references, with appropriate APA formatting applied to citations and paraphrasing. Paper is 10-12 pages in length. 5 Total 25
Upload your assignment using the Upload Assignment button below.
Learning Outcomes
2.0 Judge the health of decision-making processes in an organization. 3.0 Relate decision-making, organizational leadership, and organizational communication to one another. 4.0 Devise appropriate decision-making approaches based on the nature and global dimensions of a given situation. 5.0 Select appropriate technological tools for a specific decision-making activity.
Resources
Books Reference Instruction () Ross, T. (2013). Health care quality management: Tools and applications. http://site.ebrary.com/lib/ncent/detail.action?doc... Recommended: Read Pages 387-398
Articles Reference Instruction Cole, B. (2011). An eye for design. http://search.proquest.com.proxy1.ncu.edu/docview/909620303? accountid=28180 Recommended: Read Article Eschenbach, T. (1992). Spiderplots versus tornado diagrams for sensitivity analysis. http://proxy1.ncu.edu/login? url=http://search.ebscohost.com/login.aspx? direct=true&db=bth&AN=13137042&site=ehost-live Recommended: Read Article
Document/Other Reference Instruction MBA5121 Assignment Evaluation Criteria
MBA 5121-8 Grading Rubrics.pdf
Review Week 8 Assignment Evaluation Criteria
lbcccampbem. (2010). Linear regression in Excel [Video File].
Recommended: Watch Video
MIT OpenCourseWare. (2012). Quality Function Deployment (QFD) and house of quality [Video File].
Recommended: Watch Video
ProfCoram. (2011). Calculating IRR (Internal Rate of Return) and NPV (Net Present Value) using Excel [Video File].
Recommended: Watch Video
SmartOrgInc. (2011). How to create a tornado diagram [Vide File].
Recommended: Watch Video
Spreadsheet Clinic. (2014). ROI calculation in Excel [Video File].
Recommended: Watch Video

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Course Code: MBA5121-8 Course Start Date: 03/06/2017 Section: Supporting Decision Making with Quantitative Analytical Methods and Technology Week: 8 Activity: Assess Technology for Effective Decision Making Activity Due Date: 04/30/2017 Activity Description Select one of the technologies mentioned in this week’s introduction (MRP, ERP, DSS, Expert Systems, software simulations) and one analytical method and research it in the NCU Library. Then, write a paper that summarizes the selected technology and analytical method and how these are used in decision making. Compare and contrast how these have been used by two real-world businesses. Begin your paper with an introduction that states a thesis and explains how the body of the paper is arranged to support it. Close the paper with a conclusion in which you summarize and synthesize the main points presented in your paper. Consider the following as you prepare your paper: How does this technology and analytical method support an ethical and successful business? Does this technology and analytical method support communications at all levels of the organizations you selected? Why or why not? How does this technology and analytical method influence approaches to decision making? Support your paper with a minimum of five scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 10-12 pages, not including title and reference pages Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course by providing new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy. The following rubric applies to the grading of this Signature Assignment. Grading Rubric Criteria Content (20 points) Points 1 Selected one technology to compare and contrast how these have been used by two real-world businesses. 5 2 Determined if this technology and analytical method supports communications at all levels of the selected organizations, and explained why or why not. 5 3 Explained how this technology and analytical method support an ethical and successful business. 5 4 Explained how this technology and analytical method influence approaches to decision making. 5 Organization (5 points) 1 Organized and presented in a clear manner. Included a minimum of five scholarly references, with appropriate APA formatting applied to citations and paraphrasing. Paper is 10-12 pages in length. Total 5 25 Upload your assignment using the Upload Assignment button below. Learning Outcomes 2.0 3.0 4.0 5.0 Judge the health of decision-making processes in an organization. Relate decision-making, organizational leadership, and organizational communication to one another. Devise appropriate decision-making approaches based on the nature and global dimensions of a given situation. Select appropriate technological tools for a specific decision-making activity. Resources Books Reference () Ross, T. (2013). Health care quality management: Tools and applications. http://site.ebrary.com/lib/ncent/detail.action?docID=10822371 Articles Reference Cole, B. (2011). An eye for design. http://search.proquest.com.proxy1.ncu.edu/docview/909620303? accountid=28180 Eschenbach, T. (1992). Spiderplots versus tornado diagrams for sensitivity analysis. http://proxy1.ncu.edu/login? url=http://search.ebscohost.com/login.aspx? direct=true&db=bth&AN=13137042&site=ehost-live Document/Other Reference MBA5121 Assignment Evaluation Criteria Instruction Recommended: Read Pages 387-398 Instruction Recommended: Read Article Recommended: Read Article Instruction Review Week 8 Assignment Evaluation Criteria MBA 5121-8 Grading Rubrics.pdf lbcccampbem. (2010). Linear regression in Excel [Video File]. Recommended: Watch Video https://www.youtube.com/watch?v=ExfknNCvBYg MIT OpenCourseWare. (2012). Quality Function Deployment (QFD) and house of quality [Video File]. Recommended: Watch Video https://www.youtube.com/watch?v=u9bvzE5Qhjk ProfCoram. (2011). Calculating IRR (Internal Rate of Return) and NPV (Net Present Value) using Excel [Video File]. Recommended: Watch Video https://www.youtube.com/watch?v=xzqpfpq6vSk SmartOrgInc. (2011). How to create a tornado diagram [Vide File]. Recommended: Watch Video https://www.youtube.com/watch?v=vjQgbaHHA8s Spreadsheet Clinic. (2014). ROI calculation in Excel [Video File]. Recommended: Watch Video https://www.youtube.com/watch?v=MIc1PpTWKeU Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. An Eye for Design Cole, Brandon Quality Progress; Sep 2011; 44, 9; ProQuest Central pg. 72 Reproduced with permission of the copyright owner. Further reproduction prohibited without permission. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved. Ross, Thomas K.. Health Care Quality Management : Tools and Applications (1). Somerset, US: Jossey-Bass, 2013. ProQuest ebrary. Web. 21 April 2017. Copyright © 2013. Jossey-Bass. All rights reserved.
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Running head: TECHNOLOGY FOR EFFECTIVE DECISION-MAKING

Technology for Effective Decision-Making
Name
Institution Affiliation

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TECHNOLOGY FOR EFFECTIVE DECISION-MAKING

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Technology for Effective Decision-Making
Introduction
Technology can be a knowledge of techniques and at the same time, processes that are
always operated in the absence of increased knowledge of their workings. There is the increased
usage of technology in the human resources, and it begins with the conversion of the natural
resources into simple tools. Some of the technologies that are mentioned in this week include
expert systems, software simulation, decision support system and at the same time, enterprise
resource planning (ERP) and Material requirement planning (MRP). Decision support system
remains one of the most effective technology to be assessed.
Additionally, there is the analytical method, which remains to be the technique employed
in the analysis of the existing issues or problems, facts, and status. In most of the times, the
analytical methods are usually task and time- limited and they are used in solving specific
problems. Some of the most common type of analytical methods includes return on investment
(ROI), internal rate of return (IRR) and at the same time, quality function deployment (QFD).
One of the most efficient analytical method that will be assessed remains to return on investment
(Martino, 2003).
Decision support system (DSS) is a technology that has been capitalized by businesses
and its managers for effective decision-making. Additionally, return on investment (ROI), is an
analytical method that has been employed by organizations and businesses in ensuring that there
is the possibility of determining the profitability or the return of the investment through the
comparison of both the returns and at the same time, the cost of investment. The topic will be in

TECHNOLOGY FOR EFFECTIVE DECISION-MAKING

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a position of discussing the impact of DSS on Walmart Company and at the same time, ROI on
the Apple Company.
Walmart Company has been able to employ the usage of decision support system in
ensuring that they can come up with effective and timely decisions regarding their inventory and
the suppliers of their stores. Additionally, the Apple Company have capitalized the usage of
return on investment to ensure that there is the contrasting their firm that is known as Foxconn,
which is located in China to be in a position of manufacturing their phones in China.

This is because the production cost is much lower in China and there is the possibility of
increasing the probability of maximizing or increasing the profits or returns. Therefore, the entire
essay will be able to highlight, compare and at the same time, contrast the impact of decision
support system (DSS) at Walmart and return on investment (ROI) at Apple Company.
Decision Support System (DSS)
Decision support system is a computerized information system that has the capability of
providing analysis without the involvement of increased efforts of programming. The system has
been employed in supporting the decision- making in an organization or business. DSS has
enabled the users to be able to analyze a multiple number of data and be able to compile
information that can be used in solving of issues and be in a position of coming up with effective
decisions for the success of the organization.

TECHNOLOGY FOR EFFECTIVE DECISION-MAKING

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This type of technologies has been employed by most of the organization because it has
increased advantages including more informed decision- making, solving the prob...


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