UBMSS (Understanding Based Managing Support Systems) as an Example of the Application of Cognitive Analysis in Data Analysis

Abstract

This paper discusses a general method of applying UBMSS (understanding based managing support systems) in data analysis. The method proposed is based on the analysis of economic data, especially data that is essential for a company's strategic decisions. The general method of applying UBMSS as sub-systems of a more general class of cognitive categorization systems is presented as a theoretical example of economic data analysis and interpretation.