Impact of Information Technology Tools on Business Decisions Making in the Organization

6th International Scientific Conference – EMAN 2022 – Economics and Management: How to Cope With Disrupted Times, Ljubljana, Slovenia, March 24, 2022, CONFERENCE PROCEEDINGS, published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-57-8, ISSN 2683-4510

 Abstract:

Frequent and difficult to predict changes in the business environ­ment require faster and more efficient decision-making, which requires a large amount of information, and their collection and interpretation require modern information technology. Inefficient use of information technology tools often results in inadequate business decisions.

This paper aims to determine the contribution of information technology in decision-making in organizations. The subject of research is the analysis of the importance, role and application of IT tools in decision-making. In the re­search work, desk and field research of companies were used, as well as re­search methods following previous scientific theories. The authors assume that IT tools are insufficiently and inadequately used in making business de­cisions. The authors proposed models for establishing optimal information capacities, in accordance with the characteristics and needs of companies

Keywords:

Business Decision Making; IT Tools; Information Systems

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