Module 21– Flashcards

1
Q

Internal factors
- internally focused activities are matters generally under the business’s control, including:

A

• internal operations
• marketing and sales
• financial management
• staffing and human resources
• customer service
• quality assurance

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2
Q

External factors
- Externally focused activities are the activities that affect your business but are generally outside its control, including:

A

• supplier operations
• tenders and grants
• competitors
• politics
• the social and natural environment
• global trade
• financial markets

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3
Q

The analysis of decision scenario has six distinct elements:

A

• identification of the required decision
• review or identification of options
• criteria selection
• criteria-based analysis
• recommended decision
• proposed actions

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4
Q

The analysis of case evaluation scenario has six elements:

A

• identification of the subject
• criteria selection
• criteria-based analysis
• overall evaluation
• identification of contingencies
• recommended actions

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5
Q

The analysis of case problem-diagnosis has four elements:

A

• definition of the problem
• diagnosis through casual analysis
• overall diagnosis
• recommended actions

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