BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

MANAGEMENT INFORMATION SYSTEM

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
-Powerful management approach that creates a framework for problem solving and decision-making-Helps keep managers focused on overall goals
A
System Analyst
B
Systems thinking
C
System
D
System Administrator
Explanation: 

Detailed explanation-1: -A system approach aids the decision maker to determine where the decision to be taken fits in and what impact it will have on the system. A system approach to decision making process was designed, incorporating the strengths of the decision making process and system approach methodologies researched.

Detailed explanation-2: -The four different decision-making models-rational, bounded rationality, intuitive, and creative-vary in terms of how experienced or motivated a decision maker is to make a choice. Choosing the right approach will make you more effective at work and improve your ability to carry out all the P-O-L-C functions.

Detailed explanation-3: -The Strategic Management framework is a high level summary of a cyclical process of strategy creation. It splits strategy into a repeated formulation and implementation phases, each of which has its own sub-steps and activities. Summary by The World of Work Project.

Detailed explanation-4: -Decision frameworks refer to principles, processes, and practices to proceed from information and desires to choices that inform actions and outcomes (Lockie and Rockloff, 2005).

There is 1 question to complete.