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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