Topic 1.7 - Organizational planning tools

Question 1

Advantages of a decision tree

Answer 1

clear and logical, all options can be seen at the same time, they consider the risks, enable objective decisions

Question 2

Disadvantages of a decision tree

Answer 2

only an estimate, based on quantitative data only, doesn’t reduce risk of decision making, delays in the planning process, assigning probabilities is subjective

Question 3

Chance nodes

Answer 3

in a decision tree are used to show the different probable outcomes of a decision

Question 4

Decision nodes

Answer 4

in a decision tree are used when there is a decision to be made

Question 5

decision trees

Answer 5

quantitative organizational planning tool that calculates the probable values of different options, helping managers to minimize the risks in decision making

Question 6

Dependencies

Answer 6

in a Gantt Chart represent the activities that cannot start until the completion of other tasks

Question 7

Driving forces

Answer 7

in a force field analysis show the benefits of change

Question 8

Force field analysis

Answer 8

an organizational planning tool that deals with the forces for and against change

Question 9

fish bone diagram (or cause and effect model)

Answer 9

an organization planning tool based on identifying and dealing with the root causes of a problem or issue facing a business

Question 10

Gantt charts

Answer 10

a visual representation of all the tasks in a particular project plotted against the timescale

Question 11

Organizational planning tools

Answer 11

the various methods that businesses use to aid their decision making

Question 12

Restraining Forces

Answer 12

in a force field analysis show the cause of resistance to change