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DECISION-MAKING IN B

BE

TermDefinition
decision-making the process of choosing a course of action from various alternatives
operational decisions day-to-day choices that affect the running of the organization, usually made by lower-level management
tactical decisions medium-term decisions typically made by middle management, having a moderate impact on the company
strategic decisions long-term decisions usually made by top management, significantly impacting the whole organization
risk assessment the process of identifying, evaluating, and prioritizing risks in the decision-making process
consensus agreement on a decision by all members of a team
autonomy the ability of an individual or a team to make decisions independently
delegation the act of assigning decision-making responsibilities to others
Created by: LexyLessons
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