Unit 2 - . Management, leadership and decision making Flashcards

1
Q

Leadership

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2
Q

Management

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3
Q

Authority

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4
Q

Delegation

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5
Q

Empowerment

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6
Q

Decentralisation

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7
Q

Programmed decisions

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8
Q

Non- Programmed decisions

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9
Q

Risk

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10
Q

Uncertainty

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11
Q

Opportunity cost

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12
Q

Scientific decision making

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13
Q

Decision trees

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14
Q

Probability

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15
Q

Expected value

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16
Q

Net gains

17
Q

Ethics

18
Q

The external environment

19
Q

Social responsibility

20
Q

Communication

21
Q

Stakeholder engagement

22
Q

Consultation