New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

IS 2080C Prof Rapien Week 5 Notes

by: Brady Zuver

IS 2080C Prof Rapien Week 5 Notes IS 2080C

Marketplace > University of Cincinnati > Business > IS 2080C > IS 2080C Prof Rapien Week 5 Notes
Brady Zuver
GPA 3.94

Preview These Notes for FREE

Get a free preview of these Notes, just enter your email below.

Unlock Preview
Unlock Preview

Preview these materials now for free

Why put in your email? Get access to more of this material and other relevant free materials for your school

View Preview

About this Document

This section of notes covers chapter 5 where we learned about how IT affects the decision making process. We learned about the phases of decision making, the framework of the decision and about Bus...
IS 2080C
Class Notes
25 ?




Popular in IS 2080C

Popular in Business

This 3 page Class Notes was uploaded by Brady Zuver on Wednesday September 21, 2016. The Class Notes belongs to IS 2080C at University of Cincinnati taught by Prof.Rapien in Fall 2016. Since its upload, it has received 20 views. For similar materials see IS 2080C in Business at University of Cincinnati.


Reviews for IS 2080C Prof Rapien Week 5 Notes


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 09/21/16
IS 2080C Professor Rapine Week 5 Notes Chapter 5 1. Managers and Decision making a. Managers have 3 basic roles i. Interpersonal ii. Informational iii. Decisional b. Decision Making Process i. Decision: A choice among two or more alternatives that individuals and groups make, are diverse and made continuously ii. Phases of the decision making process 1. Intelligence Phase: examine a situation and then identify and define the problem or opportunity 2. Design Phase: Decision makers construct a model for addressing the situation, validate the model by using test data 3. Choice Period: involves selecting a solution or course of action that seems best suited to resolve the problem 4. Implementation Phase: is successful if the proposed solution solves the problem or seizes the opportunity, if fails returns to previous phases c. Why managers need IT support for business decisions i. Number of alternatives constantly increasing ii. Most decisions need to be made under time pressure iii. More complex decisions (affecting more people because of “flat” world) iv. Decision makers can be in different locations and so is the information v. Uncertainty in the decision environment (stand up and own your decision) vi. Group decision making d. Decision stalysis Framework i. 1 Dimension: Problem Structure 1. Highly Structured Highly Unstructured ii. 2ndDimension: Nature of Decision 1. Operational, Management, Strategic Planning iii. 3 Dimension: Support Needed 2. What is Business Intelligence? a. Refers to applications and technologies to access, consolidate and analyze vast amounts of data to help make better business decisions b. Scope of BI i. Small organizations may be limited to excel spreadsheets 1. Beginning to get into similar actions as large companies ii. Larger organizations use Data mining, predictive analysis and dashboards c. How Organizations Use BI d. A broad category of applications, technologies, and processes of gathering, storing, accessing and analyzing data to help make better business decisions i. Develop few, related BI Applications 1. Data Mart used by most companies ii. Develop infrastructure to support enterprise-wide BI 1. Enterprise Data Warehouse such as 3M’s integration a. Each product ran separately b. Command Strips, Post-it notes each individual i. Consolidated information to improve efficiency and save over $1 billion in the first couple years iii. Support organizational transformation 1. Enterprise data warehouse ex. Harrah’s Casino Total Rewards program 2. Change the way the company works 3. BI Applications for Data Analysis a. Multidimensional Analysis or Online Analytical Processing (OLAP) i. Provides a look at what is happening or what has happened 1. Likes, dislikes, sales etc. ii. Enables users to analyze multidimensional data from multiple perspectives 1. Consolidation (roll up), drill down, slicing and dicing b. Data Mining i. The process of searching for valuable info in a large database, data warehouse or data mart 1. Previous behavior is a good predictor of future behavior 2. Determining if there are correlations ii. Datamining achieves two operations: 1. Predicting trends and behaviors 2. Identifying previous trends and relationships iii. What can be done with data mining? 1. Classification 2. Clustering (Beer and Diapers) a. Put Diapers and Beer close to increase convenience of getting both 3. Association Rule Discovery a. Finding things that are purchased in association to one another 4. Sequential Pattern Discovery 5. Regression a. Using what has been done in the past to predict the future 6. Deviation Detection a. 4. Decision Support Systems a. Decision Support System: Combines models and data to analyze semi structured problems and some unstructured problems that involve user involvement b. Sensitivity Analysis i. See if this changes by x, how much will this other value change ii. The change of one part of decision making and how it affects other parts c. What-If Analysis i. What if we get more people, can we handle it ii. Makes predictions regarding input data, based on the assessment of uncertain futures d. Goal-Seeking Analysis i. What do I need to do in order to… (Varies by company) ii. Calculates the number of inputs needed to reach a desired output 5. Business Intelligence Applications for Presenting Results a. Dashboards i. CFS (Critical Success Factors) ii. Key Performance Indicators iii. Trend Analysis b. Data Visualization i. Geographic information Systems 1. Integrates and displays data using digitalized maps ii. Reality Mining 1. GIS and GPS used together that allows analysts to extract info from usage pattern of mobile phones and wireless devices


Buy Material

Are you sure you want to buy this material for

25 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Kyle Maynard Purdue

"When you're taking detailed notes and trying to help everyone else out in the class, it really helps you learn and understand the I made $280 on my first study guide!"

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Parker Thompson 500 Startups

"It's a great way for students to improve their educational experience and it seemed like a product that everybody wants, so all the people participating are winning."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.