1.9 Decision Making Flashcards

1
Q

TYPES (8)

A

Tactical, Operational, Strategic

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

DES OF ALL 3 MAIN.

A

Strategic=LONG TERM, SHAPE OBJECTIVES, SENIOR MANAGER, LARGE FINANCAL RISK. Tactical=MEDIUM TERM, MIDDLE MANAGERS, TAKES TIME. Operational=DAY TO DAY, ALL STAFF MAKE, LOW RISK.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Quality Decisions, Technology decisions

A

DONE BY MANAGERS/STEPS. DATABASES,SPREADHSHEETS ETC.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

SWOT ANALYSIS

A

making tool used to identify a firm’s internal strengths and weaknesses, as well as external threats and opportunities. SWOT=STRENGTH,WEAKNESS,OPPERTUNITY,THREATS.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

ROLE OF MANAGER(THE 4 C’S)

A

POCCCCDM= PLAN,ORGANISE, COMMAND, COMMUNICATE, CO-ORDINATE, CONTROL, DELEGATE, MOTIVATE.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

EVALUATE & MEASURING DECISIONS (3/3)

A

increased productivity, increase profits, growth of business//employee less motivated, production disturbed, increase customer complaints, surveys.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly