IB Business Management HL - 1.5. Organizational planning tools

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Decision tree

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6 Terms

1

Decision tree

To quantify the alternative outcomes of any decision, combining the likelihood of an outcome and the loss/gain.

<p>To quantify the alternative outcomes of any decision, combining the likelihood of an outcome and the loss/gain.</p>
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2

Fishbone diagram

A visual tool that identifies successive layers of causes that could potentially contribute to an effect or problem

<p>A visual tool that identifies successive layers of causes that could potentially contribute to an effect or problem</p>
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3

Force-field analysis

A framework for looking at the factors (forces) that influence a movement toward a goal.

<p>A framework for looking at the factors (forces) that influence a movement toward a goal.</p>
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4

Driving or helping forces

Forces that promote movement toward a goal.

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5

Restraining or hindering forces

Forces blocking movement toward a goal.

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6

Gantt chart

a bar-chart showing how tasks in a project or production process can be sequenced over time

<p>a bar-chart showing how tasks in a project or production process can be sequenced over time</p>
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