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Decision Making
List of Decision Making Definitions, Explanations & Articles
Trending In Decision Making
decision making
The thought process of selecting a logical choice from the available options. When trying to make a good decision, a person must weight the positives and ...
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teamwork
The process of working collaboratively with a group of people in order to achieve a goal. Teamwork is often a crucial part of a business, as it is often ...
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ethical issue
A problem or situation that requires a person or organization to choose between alternatives that must be evaluated as right (ethical) or wrong (unethical).
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objective
opportunity cost
strategy
marketing strategy
macro environment
risk management
strategic planning
information
gap analysis
corporate strategy
management information system (MIS)
matrix organization
niche marketing
competitive advantage
rationale
problem solving
forecasting
goal
analysis
creative thinking
action plan
industry analysis
success
optimization
positioning
marketing myopia
strategic management
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core competencies
A unique ability that a company acquires from its founders or develops and that cannot be easily imitated. Core competencies are what give a company one or more ...
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differentiation strategy
Approach under which a firm aims to develop and market unique products for different customer segments. Usually employed where a firm has clear competitive ...
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situation analysis
environmental factors
trend
evaluation
risk mitigation
microenvironment
market orientation
internal environment
brainstorming
strategic business unit (SBU)
implementation plan
focus group
environmental scanning
tradeoff
bounded rationality
strategic objective
competitive strategy
networking
threshold
decentralization
iterative process
external environment
financial leverage
growth strategy
horizontal integration
competitor
sensitivity analysis
marketing plan
creativity
marketing information system
market skimming pricing
stretch goal
focus strategy