P1

Cards (4)

  • Limitation of decision tree (4)
    • Only focuses on quantitative data
    • Estimates of sales of product and costs could be difficult as its only probability and not guaranteed
  • Effects of ageing population on level of profit of hospital (5)
    • Ageing population may lead to greater level of demand = prices may be able to rise = higher rev = with cost not rising rapidly = higher profits
    • Higher costs = more resources needed = lower levels of profit
  • Maslow reference - way to motivate ware house and head office employee (9)
    Warehouse = increased pay = satisfy as they meet physiological needs
    Office = increase pay may not be effective as they’re already well rewarded so increasing self esteem = increase motivation
  • 2 effects on doyles of centralisation of its decision making (9)
    • centralisation = decision made at top of structure and communicate down
    • High control over budgets = allow Doyle’s to be more successful