Decision Support System - DSS
Definition of 'Decision Support System - DSS'A computerized information system used to support decision-making in an organization or business. A DSS enables users to sift through and analyze massive reams of data and compile information that can be used to solve problems and make better decisions. |
|
Investopedia explains 'Decision Support System - DSS'The benefits of decision support systems include more informed decision-making, timely problem solving, improved efficiency and better learning. A DSS can compile and present information for many aspects of a business, including sales trends, actual versus projected sales, worker productivity, profitability mix and so on. |
Related Definitions
Articles Of Interest
-
Make A Risk-Based Mortgage Decision
Find out how to choose which mortgage style is right for you. -
An Introduction To The Relative Strength Index
Learn the difference between relative strength and the relative strength index, a frequently used technical analysis oscillator. -
Do Financial Decisions Get Better With Age?
Like a fine wine, you no doubt get better as you get older, but your money choices might not. -
Google Goes A Waze To Stay Strong In Maps
Waze looks like a logical deal for shoring up the value of Google's mapping technology -
How To Value An Internet Stock
An academic study, published several years after the peak of the dot-com bubble in March 2000, accurately described just how whacky internet valuations grew until the bubble burst. The study's ... -
The Top Trade Setups In Tech
Check out these trade setups in four technology stocks to take advantage of strong market conditions, while still controlling risk. -
How Much Further Can Value Carry Autodesk?
Autodesk comes up short again as the macro environment stays soft. -
Popular Technology For RIAs
Registered Investment Advisors can reap benefits from a gamut of technological products available on the market today. -
Emerson – More Realistic, But Not Necessarily Better
Emerson's relative performance may be positive, but the net value is still lacking -
Check Point Software Could Be A Second-Half Rebounder
If Check Point can reignite growth, the stock is much too cheap.
Free Annual Reports