Data-Driven Decision Making Flashcards
6 cards from real CODEHS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Data-Driven Decision Making flashcards as text
What is the first step in the strategic planning process?
Answer: Defining the organizations mission, vision, and values
Strategic planning begins with clarifying the organizations purpose (mission), aspirations (vision), and guiding principles (values).
What is a SWOT analysis?
Answer: An assessment of Strengths, Weaknesses, Opportunities, and Threats
SWOT analysis evaluates internal strengths and weaknesses alongside external opportunities and threats to inform strategic decisions.
What is the difference between strategic and tactical planning?
Answer: Strategic sets long-term direction; tactical outlines specific short-term actions
Strategic planning establishes overall direction and goals, while tactical planning defines the specific actions to achieve them.
What role does data play in decision-making?
Answer: It provides objective evidence to support informed choices
Data-driven decision-making reduces bias and improves outcomes by basing choices on objective evidence rather than intuition alone.
What is a stakeholder analysis in strategic planning?
Answer: Identifying who is affected by decisions and understanding their interests and influence
Stakeholder analysis identifies all parties with an interest in the organizations decisions, helping manage relationships and expectations.
What is the purpose of scenario planning?
Answer: To prepare for multiple possible futures by developing response strategies
Scenario planning explores multiple possible futures to develop flexible strategies and improve organizational resilience.
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