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Mind map

Influences on Decision Making

Jay Battersby A Level Business AQA A level English

Map content

Influences on Decision Making

  1. Business objectives / budgets

    • Set the scene for how decisions are made
    • A culture of strong budgetary control should encourage more data & evidence-driven decisions
  2. Organisational structure

    • Who has authority to take decisions
    • Are employees too empowered to take decisions to deliver more responsive customer service
  3. Attitude to risk

    • Close link to business culture
    • Is risk taking encouraged
  4. Availability & Reliability of data

    • Is the data available to support a scientific approach
    • Are management comfortable with using scientific methods
  5. External Enviornment

    • How fast is the external environment changing
    • Do the uncertainties in the external environment make scientific approaches less reliable

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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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