Answers:
Advantages of DSS: Supports the
decision-making process by providing useful information. Performs logical
operations before providing a conclusion. Evaluates each available alternative with respect to prevailing
business conditions. Reduces time and efforts required in business decision making.
Limitations of DSS: It only supports the
decision-making process of an organisation by providing and analysing data, but
the final decision is taken by an individual. Thus, it totally depends on the
competency of the individual to take the correct decision. It may not be able to
match the decision-making mode of expression or perception. It is unable to rectify a
faulty decision-making process. Its efficiency depends on the accuracy of data entered in it.