1/- What is the process of developing business strategy? 2/- What are the key decisions necessary for making strategy choices? 3/- What is the current decision models and how they impact the decision process?
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1/- What is the process of developing business strategy?
2/- What are the key decisions necessary for making strategy choices?
3/- What is the current decision models and how they impact the decision process?
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- 1/- What is the processes of how to evaluating the External Environment that the company does business? 2/- How do my decision models aid / hinder this process and why3/- What other decision models are being considered and why13. "We learnt that businesses use different decision tools 1. Management information systems 2. Decision support systems 3. Executive support systems How do you think they change the way companies run their business? How effective are they and why are they effective?"The importance of interpreting the results of the two methodologies Quantitive and Qualitative how can they influence decision-making is discussed, and how these results can help in setting strategic goals, change management, and market expansion.
- 1. Explain what is meant by the term decision model. 2. Distinguish between qualitative and quantitative decision analyses. 3. Choose an organization and a particular decision situation. 4. Then give examples, using that context, of each step in the decision-making process described in this session.What are the key decision criteria used in decision making under uncertainty. Briefly explain each of them.3. When should we use group decision making and when should we use individual decision making?
- Consider a big decision you have taken. Write a description of the decision using the steps in the decision-making process as your guide. What could you have done differently in the process to improve your decision?Describe, using examples, the six-step decision-making processAttach the decision tree to business decision model to something a manager does every day and include insights into how you crafted it. How would you apply this decision-making experience to larger scale decisions at an organizational level?
- What is the role of Porter's Five Forces model in decision making?1/- what are the Decision Models? How do the decision models aid, hinder this process and why? 2/- What other decision models are being considered and why?We have decided to start a new business called ABC headphones. We will be selling a variety of diff head phones. 1- Select a positioning strategy most suitable for your product idea. Explain your choice. 2- There are 3 types of customer decision making processes, real, impulse and habitual. Select the most applicable to your product. Explain your answer. 3- A product has distinct layers,namely core, tangible, augmented, potential and the product image. Explain each layer and how it applies to ABC head ohones