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Ch 2: CEOE Business Education: Strategic Decision Making

About This Chapter

Learn techniques for making strategic decisions in business. The chapter's video lessons explain the business decision-making process and related topics so you'll be ready for the CEOE Business Education exam.

CEOE Business Education: Strategic Decision Making - Chapter Summary

The lessons help you understand the process used to make decisions for organizations and as a manager. You'll encounter these topics on the CEOE Business Education test, which is for prospective business teachers in Oklahoma public schools. This chapter includes video lessons on the following topics to prepare you for the exam:

  • The process of strategic management
  • Four functions of management in business
  • Organizational decision-making process
  • Risk, certainty and uncertainty in management decision making
  • Project completion and PERT analysis

Our experienced instructors explain the various processes to manage projects for your review in preparation for the exam. You can use the self-assessment quizzes to confirm your comprehension of the material.

Objectives of the CEOE Business Education: Strategic Decision Making Chapter

This chapter readies you for questions on the CEOE Business Education test on business decision making for various settings. The exam has five subareas, and the Business Management area contains questions about the decision-making process for strategic business. In addition, the marketing, customer service and entrepreneurship subarea includes potential questions on business marketing decision making. The lesson's self-assessment quizzes will greatly help you in preparing for this exam of 80 multiple-choice questions; the test also includes one constructed-response question.

5 Lessons in Chapter 2: CEOE Business Education: Strategic Decision Making
Test your knowledge with a 30-question chapter practice test
The Strategic Management Process

1. The Strategic Management Process

We will be reviewing the strategic management process, starting with the four main steps of the process. These steps provide the foundation for understanding strategic management as a whole and will serve you well as you deal with management decision-making situations.

Business Environments & the Four Functions of Management

2. Business Environments & the Four Functions of Management

The business environment and the forces that push against it are something every manager must deal with and learn to work with. In this lesson, we will detail the four key functions of management and review how different forces present in the business environment impact these four key funtions

The Decision Making Process for Organizations

3. The Decision Making Process for Organizations

We will be discussing the formal decision making process for managers. The process will show you how to look at a problem and use a series of steps to address that problem. It is a key element of managerial decision making and one that is very practical for the business environment.

Decision Making for Managers: Certainty, Risk & Uncertainty

4. Decision Making for Managers: Certainty, Risk & Uncertainty

Making decisions with the most amount of certainty is something managers learn to do over time. In this lesson, we will review how managers work with certainty and risk in order to make informed decisions.

PERT Analysis & Project Completion

5. PERT Analysis & Project Completion

Time-based decision methods are used a great deal when a manager or company looks at a time-based project. To ensure the project can be done on time, managers use PERT analysis, a tool for estimating the time it will take to complete a project. This lesson will outline PERT and help you to understand how it is used to predict time based projects.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
Not Taken
Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
Not Taken

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Other Chapters

Other chapters within the OSAT Business Education (CEOE) (040): Practice & Study Guide course

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