Unit 2- Keywords 0.0 / 5 ? BusinessLeadership and ManagementA2/A-levelAQA Created by: HowzatCreated on: 04-04-19 15:17 Leadership Ability to INFLUENCE + DIRECT others to meet the goals of a group. 1 of 9 Management Resources are used and decisions made in order to meet objectives of the firm. 2 of 9 Empowerment Subordinates get the chance to exercise power/control over their working lives. 3 of 9 Decentralisation Passing authority from the centre of the organisation to those working elsewhere in the business e.g Section Leaders 4 of 9 Scientific Decision Making Decisions based on facts and figures, supported by evidence (D+I). 5 of 9 Decision Tree Visual way of presenting different ways of making decisions. Math Model. 6 of 9 Expected Values What the business is projected to make. 7 of 9 Net Gains Overall improvement of a business. 8 of 9 Market Conditions Number of competitors, level of competitors. 9 of 9
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