Module 21– Flashcards
Internal factors
- internally focused activities are matters generally under the business’s control, including:
• internal operations
• marketing and sales
• financial management
• staffing and human resources
• customer service
• quality assurance
External factors
- Externally focused activities are the activities that affect your business but are generally outside its control, including:
• supplier operations
• tenders and grants
• competitors
• politics
• the social and natural environment
• global trade
• financial markets
The analysis of decision scenario has six distinct elements:
• identification of the required decision
• review or identification of options
• criteria selection
• criteria-based analysis
• recommended decision
• proposed actions
The analysis of case evaluation scenario has six elements:
• identification of the subject
• criteria selection
• criteria-based analysis
• overall evaluation
• identification of contingencies
• recommended actions
The analysis of case problem-diagnosis has four elements:
• definition of the problem
• diagnosis through casual analysis
• overall diagnosis
• recommended actions