Get premium membership and access questions with answers, video lessons as well as revision papers.
• Managers that have the ability and experience to make good decisions from past experience
• Managers who are properly trained to make good decisions
• The quality of the information available on which to base the decision (max 1 for any characteristic of information)
• Use of decision making models (max 1)
• How much risk the managers/decision makers will take when making decisions
• Motivation of staff to properly implement the decision
• Finance available to implement the decision
• Technology available – is it capable of being used or is it outdated?
lydiajane74 answered the question on June 1, 2018 at 08:18
- Describe the advantages of collective bargaining carried out by a trade union(Solved)
Describe the advantages of collective bargaining carried out by a trade union
Date posted: June 1, 2018. Answers (1)
- Describe the stages of a formal disciplinary procedure taken against an employee.(Solved)
Describe the stages of a formal disciplinary procedure taken against an employee.
Date posted: June 1, 2018. Answers (1)
- Distinguish between strategic and tactical decisions.(Solved)
Distinguish between strategic and tactical decisions.
Date posted: June 1, 2018. Answers (1)
- Describe the methods an organisation could use to create a strong corporate culture(Solved)
Describe the methods an organisation could use to create a strong corporate culture
Date posted: June 1, 2018. Answers (1)
- Explain the advantages to an organisation of using functional grouping(Solved)
Explain the advantages to an organisation of using functional grouping
Date posted: June 1, 2018. Answers (1)
- Describe 6 methods that an organisation could use to segment its market(Solved)
Describe 6 methods that an organisation could use to segment its market
Date posted: June 1, 2018. Answers (1)
- Discuss the use of ratios to analyse financial data.(Solved)
Discuss the use of ratios to analyse financial data.
Date posted: June 1, 2018. Answers (1)
- Describe the characteristics of quality information(Solved)
Describe the characteristics of quality information
Date posted: June 1, 2018. Answers (1)
- Describe the role of appraisal in improving an employee’s performance.(Solved)
Describe the role of appraisal in improving an employee’s performance.
Date posted: June 1, 2018. Answers (1)
- Explain the impact of 3 environmental factors on an organisation.(Solved)
Explain the impact of 3 environmental factors on an organisation.
Date posted: June 1, 2018. Answers (1)
- Describe flow production.(Solved)
Describe flow production.
Date posted: June 1, 2018. Answers (1)
- Compare job production with batch production(Solved)
Compare job production with batch production
Date posted: June 1, 2018. Answers (1)
- Compare the use of internal sources with external sources of recruitment.(Solved)
Compare the use of internal sources with external sources of recruitment
Date posted: June 1, 2018. Answers (1)
- Explain the advantages of using a structured decision making model(Solved)
Explain the advantages of using a structured decision making model
Date posted: June 1, 2018. Answers (1)
- Examine the factors which have led to the growth in multinational companies in recent years(Solved)
Examine the factors which have led to the growth in multinational companies in recent years
Date posted: May 31, 2018. Answers (1)
- Assess the personal skills and qualities of a manager that can improve an organisation’s effectiveness. (Solved)
Assess the personal skills and qualities of a manager that can improve an organisation’s effectiveness.
Date posted: May 31, 2018. Answers (1)
- Organisations in the private and public sectors demonstrate social responsibility.
Describe the benefits to organisations within each of these sectors of pursuing such a policy....(Solved)
Organisations in the private and public sectors demonstrate social responsibility.
Describe the benefits to organisations within each of these sectors of pursuing such a policy.
Date posted: May 31, 2018. Answers (1)
- Other than spreadsheets, describe how modern technology can be used by the finance department.(Solved)
Other than spreadsheets, describe how modern technology can be used by the finance department.
Date posted: May 31, 2018. Answers (1)
- Justify the use of spreadsheets within the finance department(Solved)
Justify the use of spreadsheets within the finance department
Date posted: May 31, 2018. Answers (1)
- Distinguish between a tactical decision and an operational decision.(Solved)
Distinguish between a tactical decision and an operational decision.
Date posted: May 31, 2018. Answers (1)