Mengjie Infonnation and Commu nications Technology in Bu siness 1 6/ 1 0/ 2 0 1 3 Part 1: Identify and evaluate the role of business information in decision-making
Question 1: Strategic Management Strategic management is responsible for making decisions that affect whole company
These decisions are generally very complex and unstructured
They make long-term decisions
Internal: The market trends
If the company can observe the index,it will understand the needs of the company ,so as to decide it will produce the products to gain more profit
External: the staffing needs
If the ∞mpany can improve employee benefits, increase their rewards ,it will make employees have more power
Tactical Management Tactical managers are the middle management
They make medium-term decisions a忏'ectin