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P5DMALK3-1

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Question 1 of 5

Strategic decision making is:

Paper based

An ongoing process

Instantly available

Based on statistics

Information is:

Communication

Strategy

Theory

Data

Information systems include:

Stakeholders

The environment

Extranet

Competitive advantage

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

Programme evaluation and review technique

System dynamics

Strategic options development and analysis

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