P5DMALK3-1
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Question 1 of 5
Strategic decision making is:
Paper based
Based on statistics
An ongoing process
Instantly available
Information is:
Theory
Strategy
Data
Communication
Information systems include:
The environment
Extranet
Competitive advantage
Stakeholders
A quantitative approach to strategic decision making involves generating data that:
Deals with competitive situations
Determines the time a project will take
Can be turned into useable statistics
Automates functions related to technology
Quantitative approaches to decision making include:
Soft systems methodology
System dynamics
Strategic options development and analysis
Programme evaluation and review technique
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