Managing Communications and Information Technology
Managing Communications, knowledge and Information
Name – Tuan Mohammed Khaalid Sampan
Course Title – HNC in Business
Student ID – CLA/12B12/4/5780
Email Address– www.khaalid@gmail.com
ludmila@cola-uk.com
Task 1
1.1 – Discuss the range of decisions to be taken
Decision making is the method of choosing the best obtainable course of action after deliberation of the results of that decision and other significant factors.
There are several types of business decisions which are taken in an organization.
Strategic Decisions
They are long term decisions made by the top most level of an organization. These decisions will pact with the expansion of an organization and broad long term goals. Such decisions are slightest structured and most creative; they are the most uncertain and of the most doubtful outcome, somewhat because they accomplish so far into the future and partly because they are of such significance. These decisions are taken in agreement to the organizational mission and vision. * Levi’s - Took a strategic decision of moving into the high priced clothing market as their jeans market has reached dispersion, adecision will have an effect on their future growth.
Tactical Decisions
They are decisions taken by the managers functioning within an organization.Tactical decisions cover up short term actions that progress a business towards its strategic goals.
Tactical decisions are decided on the resources accessible for achieving strategic goals with quality results, such as people, time and money. * Levi’s - Tactical decision taken would be the introduction of “Tailored Classics”.
Operational Decisions
Operational decisions are linked to the day to day operations of a business such as staffing, facilities, asset management, and controlling. * Levi’s - An operational decision would be contacting the retail buyers after using the “Tailored Classics” strategy.
1.2 – Examine the information and knowledge needed to ensure
Name – Tuan Mohammed Khaalid Sampan
Course Title – HNC in Business
Student ID – CLA/12B12/4/5780
Email Address– www.khaalid@gmail.com
ludmila@cola-uk.com
Task 1
1.1 – Discuss the range of decisions to be taken
Decision making is the method of choosing the best obtainable course of action after deliberation of the results of that decision and other significant factors.
There are several types of business decisions which are taken in an organization.
Strategic Decisions
They are long term decisions made by the top most level of an organization. These decisions will pact with the expansion of an organization and broad long term goals. Such decisions are slightest structured and most creative; they are the most uncertain and of the most doubtful outcome, somewhat because they accomplish so far into the future and partly because they are of such significance. These decisions are taken in agreement to the organizational mission and vision. * Levi’s - Took a strategic decision of moving into the high priced clothing market as their jeans market has reached dispersion, adecision will have an effect on their future growth.
Tactical Decisions
They are decisions taken by the managers functioning within an organization.Tactical decisions cover up short term actions that progress a business towards its strategic goals.
Tactical decisions are decided on the resources accessible for achieving strategic goals with quality results, such as people, time and money. * Levi’s - Tactical decision taken would be the introduction of “Tailored Classics”.
Operational Decisions
Operational decisions are linked to the day to day operations of a business such as staffing, facilities, asset management, and controlling. * Levi’s - An operational decision would be contacting the retail buyers after using the “Tailored Classics” strategy.
1.2 – Examine the information and knowledge needed to ensure