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Synopsis
Excerpt from Computer-Based Models in the Decision Making and Control Process<br/><br/>There is considerable confusion in the literature about the precise nature of the phenomenon which is variously described under the captions corporate models, corporate planning models, strategic, and long  range planning models, financial planning models, or more simply planning models. Boulden [9] makes a distinction between report generators, computer programs developed to reduce the clerical effort associated with planning, and corporate modeling which he characterizes as involving a formal capability for data handling, decision search, simulation of all areas of the organization, and modeling of interrelation ships amongst variables. He also distinguishes between corporate modeling and an organization's management information system, where the latter has as its function the accumulation of operating data on a real time basis and at primary levels of detail.
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- PublisherForgotten Books
- Publication date2020
- ISBN 10 025990564X
- ISBN 13 9780259905646
- BindingPaperback
- LanguageEnglish
- Number of pages142
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Computer-Based Models in the Decision Making and Control Process
Print on DemandSeller: Forgotten Books, London, United Kingdom
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Paperback. Condition: New. Print on Demand. This book investigates the use of computer-based models in decision-making and control within profit-directed organizations. Based on a research sample gathered from 18 companies, the author analyzes the development and implementation of 20 financial planning models. The book highlights the ways in which these models support decision-making, including automating established information processing, developing decision focus within the model structure, and addressing specific subsets of decisions in the organization. The author discusses the challenges of model development, focusing on the tension between complexity and uncertainty, and ways to achieve a balance. The book concludes by emphasizing the potential of modeling systems to enhance organizational control strategies, providing greater information availability, wider involvement in planning, and a shift towards anticipatory control. This book provides valuable insights for managers and researchers interested in improving decision-making and control within their organizations through innovative use of computer-based models. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780259905646_0
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Computer-Based Models in the Decision Making and Control Process (Classic Reprint)
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
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PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780259905646
Quantity: 15 available
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Computer-Based Models in the Decision Making and Control Process (Classic Reprint)
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
Seller rating 4 out of 5 stars
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780259905646
Quantity: 15 available