The Role of Economic Information Systems in Decision Making

There are no adequate information systems that can be applied equally to all organizations in all the circumstances. When the decision-making should be studied and analyzed the situation affecting the effectiveness of the organization, and this depends on the decision maker awareness of the environmental factors are instrumental and the quality of information available. The traditional model has remained a long period of time accepted by all parties used to rationalize the consequences of different decisions. Under the conditions of competition, the firms need to be non-financial information, as well as financial information to be used as a guide for rational decision-making to enable them to survive in the market. Hereby the need rise for new systems and techniques to help management in achieving total quality through continuous improvement of its performance, therefore, seeks to research systems, retaining the definition of the resolution and areas of use with one of the ways to test the application of operations research. Goal programming in making investment decisions, and a research model for the use of the programming objectives advantage in particular, targets have a role in determining the model parameters, and can be used to deal with the problems of the resolution, which include multiple objectives equal or contradictory, and depending on the importance of these objectives. It is essential to realize the strategic decision-making centers of the importance of modern techniques in the process of strategic decision support, and given the importance of more of its own optimal exploitation of its resources.