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Range of Decision to Be Taken

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MANAGING COMMUNICATION, KNOWLEDGE AND INFORMATION -Discuss the range of decisions to be taken -Examine the information and knowledge needed to ensure effective decision taking -Assess internal and external sources of information and understanding -Justify recommendations for improvement -Bibliography Range of Decisions to be taken The technique I choose for a given decision will be influenced by the importance and complexity of the decision. Decision making without planning is common but usually it doesn't do the work, there is a 20 year of research that have pointed out 50 percent of decisions made have failed and I believed that the reasons half of these decisions made have failed was mostly because of the methods they have …show more content…

I take this action as a risk as there may be possibilities that many people might not like the taste (External information). 2. If the Coca-Cola Company wants to spend fewer expenses on the products they should find the right manufacturer of the supplies they need (Internal information). Tactical Decisions 1. If the firm decides to introduce a newer version of their products they need to be financially ready to spend their time inventing the formulas (External information). 2. If the firm wants to find the right manufacturer they need to put enough time and effort in looking for the nearest and most qualified supplier (Internal information). Operational Decisions 1. If the firm is prepared to invent a new formula, the scientists should keep all the details of their progress in detail everyday even if it is a failed project the scientists may use the source to create something unexpected in the future (External information). 2. To look for the best supplier the firm has to search all the suppliers in and around the region or country and hand the result to the managers to allow them to analyze which supplier to chose. After making the choice of the supplier the production department should check on the quality every month as the safety is extremely important and if anything goes wrong it may risk the name of the firm and lose a massive amount of customers (Internal

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