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Definition: Decision Engineering is a term for the attempt to model complex organizational decision making processes, bringing advanced analytics techniques to the desktop of the non-expert decision maker, as well as incorporating, and then extending, inductive reasoning and machine learning techniques to overcome the problems articulated in Black Swan Theory. |
More on decision support: Activity Based Costing, Artificial Intelligence In Marketing, Big Data Analytics, Business Intelligence, Business Performance Management, more... You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA. MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration. We like to keep things short, and provide links to learn more about your subject.
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