Bcor 2020 - Study guides, Class notes & Summaries

strategic decision correct answers a decision that involves higher level issues and is concerned with the overall direction of the organization, defining the overall goals and aspirations for the organizations future tactical decisions correct answers a decision concerned with how an organization should achieve the goals and objectives set by its strategy operational decisions correct answers affect how the firm is run from day to day business analytics correct answers the scientific pr...

Strategic decision - correct answer involve higher-level issues concerned with the overall direction of the organization what do strategic decisions do? - correct answer define the organization's overall goals and aspirations for the future. tactical decision - correct answer how the organization should achieve the goals and objectives set by its strategy, and they are usually the responsibility of midlevel management. operational decisions - correct answer how the firm is run from...

tactical (managerial) decision making - about how the organization should achieve the goals and objectives set by its strategy operational - affect how the firm runs its day-to-day operations decision making process - identify and define the problem -> determine the criteria -> determine the set of alternative soltions -> evaluate the alternatives -> choose an alternative common approaches to decision making - tradition, intuition, rules of thumb, using relevant data challenges...

Strategic decisions - A decision that involves higher-level issues and that is concerned with the overall direction of the organization, defining the overall goals and aspirations for the organization's future. Tactical (Managerial) decisions - A decision concerned with how the organization should achieve the goals and objectives set by its strategy. operational decisions - A decision concerned with how the organization is run from day to day. Decision Making Process - Identify and define...

A field is typically a name, number, or combination of characters that describes an aspect of a business object - true two sets of fields can have a common primary key - false a database must reflect the business processes of an organization - true A manager at a fast-food restaurant wants the drive-thru employee to ask every fifth customer if he or she is satisfied with the service. Who makes up the population? - all customers who use the drive through window of this fast food restaurant....

BCOR 2020 EXAM 2 PRACTICE QUESTIONS AND ANSWERS What are what-if models? - Answer️️ -what if models are spreadsheets used for decision making; mathematical and logic based models Building good spreadsheet models - Answer️️ -influence diagrams; building a mathematical model; spread sheet design and implementing the model in a spreadsheet Data - Answer️️ -raw facts; numbers, letters, etc; audio video, image Information - Answer️️ -a collection of data organized in such a aw...

managers correct answers have the responsibility to plan, coordinate, organize and lead their organizations to better performance 3 types of decision making correct answers strategic, tactical (managerial), operational strategic decision making correct answers high level issues concerned with overall direction of the organization tactical (managerial) decision making correct answers about how the organization should achieve the goals and objectives set by its strategy operational cor...

BCOR 2020 Midterm Questions and Correct Answers 2024/2025 | Graded A+

BCOR 2020 Exam 1 Study Guide Questions and Correct Answers 2024/2025 | Graded A+

BCOR 2020 Exam 1 Study Guide with Complete Solutions Strategic decision - Answer️️ -involve higher-level issues concerned with the overall direction of the organization what do strategic decisions do? - Answer️️ -define the organization's overall goals and aspirations for the future. tactical decision - Answer️️ -how the organization should achieve the goals and objectives set by its strategy, and they are usually the responsibility of midlevel management. operational decis...