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Theme 3: Decision-making Technique

infoWhy this? Decision-Making Techniques allows students to understand how businesses use quantitative data and analytical tools to support strategic decisions. This topic develops the skills needed to forecast sales, assess investments, manage projects, and evaluate risk using techniques such as investment appraisal, decision trees, and critical path analysis. It helps students make informed judgements by recognising both the value and limitations of data-driven decision making in real business situations.

scheduleWhy now? Decision-Making Techniques are taught after Business Growth because students have already explored the strategic objectives and growth opportunities available to businesses. This topic introduces the quantitative tools that managers use to evaluate options, assess risk, and make informed decisions about future growth and investment. It strengthens students’ analytical skills and provides methods that will be applied throughout the remainder of the course when assessing business strategy and performance.


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