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Describe the internal factors that would influence the success of a managerial decision.

Describe the internal factors that would influence the success of a managerial decision.

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Lydia
• Managers that have the ability and experience to make good decisions from past experience
• Managers who are properly trained to make good decisions
• The quality of the information available on which to base the decision (max 1 for any characteristic of information)
• Use of decision making models (max 1)
• How much risk the managers/decision makers will take when making decisions
• Motivation of staff to properly implement the decision
• Finance available to implement the decision
• Technology available – is it capable of being used or is it outdated?

lydiajane74 answered the question on June 1, 2018 at 08:18

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