Internal and external sources of information

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Reference no: EM133101411

The assignment is designed to provide students the opportunity to demonstrate the skills and knowledge gained from the course to discuss the range of decisions to be taken, examine the information and knowledge needed to ensure effective decision making, assess internal and external sources of information and understanding and suggest recommendations for improvement.

Focusing on a company that you are familiar with, using examples from your own work experience where possible and applying your knowledge on the subject, please attempt answering the following 3 questions:

1. What is the essential information and knowledge required to ensure effective decision making? You need to remember that the challenge for a business is to capture and use information that is relevant and reliable.

2. What are the internal and external sources of information and understanding available for your case company?

3. Suggest ways to improve access to information and knowledge required for effective decision making.

Reference no: EM133101411

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