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College and University Business Administration, 7th Edition - Decision Support and Information Reporting

NC4058, Subscription-Online

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As higher education navigates the stormiest economic weather in generations, colleges and universities are relying more than ever on their business officers’ financial and management expertise to guide critical decisions. To assist them, business officers have an array of decision support tools and concepts at their disposal. This chapter provides an overview of decision support: reviewing the evolution of decision support technologies, examining various analytic tools, and discussing reporting, which remains the most common means of conveying the results of analysis to interested audiences. An appendix to this chapter provides more detailed information on information management and reporting in key areas under the business officer’s management.


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