Question

1. Give examples for the following terms:

Trend analysis

Decision support

Alerts

Answer 1

Ans) Examples of trend analysis:

- An example of sectors can include a focus on a particular industry, such as the automotive or pharmaceuticals sector, as well as a particular type of investment, such as the bond market. Once the sector has been selected, it is possible to examine the general performance of the sector.

Examples of Decision support:

- For example, one of the DSS applications is the management and development of complex anti-terrorism systems. Other examples include a bank loan officer verifying the credit of a loan applicant or an engineering firm that has bids on several projects and wants to know if they can be competitive with their costs.

Examples of alerts:

- Alert messaging (or alert notification) is machine-to-person communication that is important or time sensitive. An alert may be a calendar reminder or a notification of a new message. Alerting makes it possible for people to keep up with the information that matters most to them. Announcement of Code blue for example is altering for the team to come in action.