Mind map
Influences on Decision Making
Map content
Influences on Decision Making
Business objectives / budgets
- Set the scene for how decisions are made
- A culture of strong budgetary control should encourage more data & evidence-driven decisions
Organisational structure
- Who has authority to take decisions
- Are employees too empowered to take decisions to deliver more responsive customer service
Attitude to risk
- Close link to business culture
- Is risk taking encouraged
Availability & Reliability of data
- Is the data available to support a scientific approach
- Are management comfortable with using scientific methods
External Enviornment
- How fast is the external environment changing
- Do the uncertainties in the external environment make scientific approaches less reliable
Information
- Description
- A level A Level Business AQA (Unit 2) Mind Map on Influences on Decision Making, created by Jay Battersby on 05/03/2019.
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- Jay Battersby
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