About This Chapter
CSET Business Subtest I: Planning & Problem Solving - Chapter Summary
Use this chapter's lessons to increase your expertise in business planning and problem solving and perform well on the CSET Business Subtest I. These instructional videos cover the following topics to help you prepare for the test:
- Identifying and utilizing different business decision-making strategies
- Recognizing biases and reasoning errors in decision making
- Differentiating among various decision-making styles
- Assessing risk when making business decisions
- Using the SWOT (strengths, weaknesses, opportunities, and threats) analysis
- Discerning the differences in types of planning
- Understanding the contingency school of management
- Using data from graphs and charts to support planning
Brief, to-the-point video tutorials discuss each of these concepts individually, supporting your understanding of this material found on the CSET Business Subtest I. Examples, illustrations, and lesson summaries help make the principles clear and accessible.
Objectives of the CSET Business Subtest I: Planning & Problem Solving Course
The CSET Business tests are administered by the state of California to determine prospective teachers' comprehension of the business discipline and preparedness for business teaching certification. The instruction provided in this chapter's videos relates to Subtest I, which accounts for one-third of the total CSET Business exam. Included with each lesson is a self-administered quiz that lets you see the kinds of questions that may be asked on the CSET Business Subtest I.
The business CSET's first subtest includes questions on business management and marketing. For each of these disciplines, there are 20 questions in multiple-choice format, along with 1 open-ended question requiring the composition of either an extended or shorter response.
1. 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.
2. The Rational Decision Making Model: Steps and Purpose in Organizations
Managers often rely on fact-based analytical decision making. Rational decision making can be very beneficial in the business world and differs from intuitive processes in several ways. Learn more about both decision-making tools, and find out which process provides the best solutions.
3. Intuitive Decision Making in Business and Management
Managers often rely on patterns and intuition to make quick decisions. Intuitive decision making can be very beneficial in the business world and differs from rational processes in several ways. Learn more about both decision-making tools and find out which process provides the best solutions.
4. Bounded Rationality and Decision Making in Organizations
Managers have to make either intuitive or rational decisions every day. However, the rational decision-making process is not always an option. The bounded rationality model was developed to explain making rational choices under time constraints and other pressures.
5. Common Biases and Judgment Errors in Decision Making
In order for companies to be successful they have to be able to learn from their mistakes. One way they can do that is to identify biases and errors that might occur during decision making.
6. Decision Making Styles: Directive, Analytical, Conceptual and Behavioral
Every leader prefers a different way to contemplate a decision. The four styles of decision making are directive, analytical, conceptual and behavioral. Each style is a different method of weighing alternatives and examining solutions.
7. 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.
8. Types of Planning: Strategic, Tactical, Operational & Contingency Planning
This lesson will explain the four types of planning used by managers, including strategic, tactical, operational and contingency planning. Terms, such as single-use plans, continuing plans, policy, procedure and rule, will also be defined.
9. What is a SWOT Analysis?
In the business world, as in many other places, decisions aren't made lightly. Rather, management spends a long time considering the pros and cons of every choice. This lesson will teach you about one of the key ways they do that, the SWOT analysis.
10. Contingency School of Management
Companies must plan for the expected and the unexpected. In this lesson, we will talk about the contingency school of management and how that thought process and viewpoint helps companies to prepare for both the expected and unexpected.
11. How to Read Scientific Graphs & Charts
How do scientists summarize their findings with visual aids? In this lesson, explore the different types of tables, charts and graphs that scientists use. Learn to read these effectively as a preview to your science studies.
12. Understanding Bar Graphs and Pie Charts
In this lesson, we will examine two of the most widely used types of graphs: bar graphs and pie charts. These two graphs can provide the reader with a comparison of the different data that is displayed.
13. Analysis and Design Tools: Analysis Definition and Flow Charts Introduction
Now that the requirements are pretty well known, you can start analyzing how you are going to write your code. One of the first steps is to model the activities involved. A useful tool for this is a flowchart, which is what we will look at in this lesson. At the end, you will have good basic knowledge of how to create simple flowcharts.
14. Interpreting Quantitative & Qualitative Business Data
Information is key to help business leaders make decisions. But there are different types of information that businesses can use. In this lesson, we'll examine the different types of data, quantitative and qualitative, and how to approach each.
15. Quantitative Analysis in Business Decision Making
Business leaders must make important decisions every day, and quantitative data can help them. In this lesson, we'll look at how to use quantitative analysis in business decision making, with specific examples from different divisions of the company.
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Other chapters within the CSET Business Subtest I (175): Practice & Study Guide course
- CSET Business - Management Functions
- CSET Business - Major Functions in a Business
- CSET Business - Managing Change
- CSET Business - Leadership
- CSET Business - Motivation
- CSET Business - Groups in Organizations
- CSET Business - Organizational Culture and Structure
- CSET Business - Ethical & Social Responsibility
- CSET Business - Business Law
- CSET Business - Production & Operations Management
- CSET Business - Human Resource Management
- CSET Business - Marketing Strategies and Concepts
- CSET Business - Sales, Promotion & Customer Service
- CSET Business - Global Marketing
- CSET Business Subtest 1 Flashcards