Flashcards - CSET Business - Planning & Problem Solving

Flashcards - CSET Business - Planning & Problem Solving
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analysis
Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it
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bar graph
A bar chart or bar graph is a chart that presents grouped data with rectangular bars with lengths proportional to the values that they represent
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scientific method
The scientific method is a body of techniques for investigating phenomena, acquiring new knowledge, or correcting and integrating previous knowledge
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line graph
In the mathematical discipline of graph theory, the line graph of an undirected graph G is another graph L that represents the adjacencies between edges of G
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SWOT analysis
SWOT analysis is an acronym for strengths, weaknesses, opportunities, and threats and is a structured planning method that evaluates those four elements of a project or business venture
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complete uncertainty
Uncertainty is a situation which involves imperfect and/or unknown information
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certain
Certainty is perfect knowledge that has total security from error, or the mental state of being without doubt
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Decision making
In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities
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Analytical
Analytical skill is the ability to visualize, articulate, conceptualize or solve both complex and uncomplicated problems by making decisions that are sensible given the available information
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rational
Rationality is the quality or state of being reasonable, based on facts or reason
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rational
Rationality is the quality or state of being reasonable, based on facts or reason
Analytical
Analytical skill is the ability to visualize, articulate, conceptualize or solve both complex and uncomplicated problems by making decisions that are sensible given the available information
Decision making
In psychology, decision-making is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities
certain
Certainty is perfect knowledge that has total security from error, or the mental state of being without doubt
complete uncertainty
Uncertainty is a situation which involves imperfect and/or unknown information
SWOT analysis
SWOT analysis is an acronym for strengths, weaknesses, opportunities, and threats and is a structured planning method that evaluates those four elements of a project or business venture
line graph
In the mathematical discipline of graph theory, the line graph of an undirected graph G is another graph L that represents the adjacencies between edges of G
scientific method
The scientific method is a body of techniques for investigating phenomena, acquiring new knowledge, or correcting and integrating previous knowledge
bar graph
A bar chart or bar graph is a chart that presents grouped data with rectangular bars with lengths proportional to the values that they represent
analysis
Analysis is the process of breaking a complex topic or substance into smaller parts in order to gain a better understanding of it
gut instinct
Intuition is the ability to acquire knowledge without proof, evidence, or conscious reasoning, or without understanding how the knowledge was acquired
satisfice
Satisficing is a decision-making strategy or cognitive heuristic that entails searching through the available alternatives until an acceptability threshold is met
Operational plans
Operational planning is the process of planning strategic goals and objectives to tactical goals and objectives
business mission statement
A mission statement, a type of statement of purpose,is a statement which is used to communicate the purpose of an organization
contingency school of management
A contingency theory is an organizational theory that claims that there is no best way to organize a corporation, to lead a company, or to make decisions
pie chart
A pie chart is a circular statistical graphic, which is divided into slices to illustrate numerical proportion
table
A table is a collection of related data held in a structured format within a database
Quantitative data
In natural sciences and social sciences, quantitative research is the systematic empirical investigation of observable phenomena via statistical, mathematical or computational techniques
disaster recovery plan
A disaster recovery plan is a documented process or set of procedures to recover and protect a business IT infrastructure in the event of a disaster
flow chart
A flowchart is a type of diagram that uses an algorithm, workflow or process, showing the steps as boxes of various kinds, and their order by connecting them with arrows

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