AS and A-level Business Specifications for first teaching in 2023
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AS Business7131
3.2 Managers, leadership and decision making
3.2.1 Understanding management, leadership and decision making
Content | Additional information |
|---|---|
The distinction between management and leadership | |
Types of management and leadership styles and influences on these | Leadership styles should include:
Theories of management and leadership should include the Tannenbaum Schmidt continuum. |
The effectiveness of different styles of management and leadership |
3.2.2 Understanding management decision making
Content | Additional information |
|---|---|
The value of decision making based on data (scientific decision making) and on intuition | Scientific decision making should include understanding and interpreting decision trees and calculating expected value and net gains. Decision making to include an understanding of:
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Influences on decision making | Influences on decision making to include:
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3.2.3 Understanding the role and importance of stakeholders
Content | Additional information |
|---|---|
The need to consider stakeholder needs when making decisions | Stakeholder mapping: stakeholder power and interest |
Stakeholder needs and the possible overlap and conflict of these needs | |
How to manage the relationship with different stakeholders | Managing the relationship with different stakeholders includes communication and consultation. |