Skip to content

CSEET · Business Laws and Management · Management Knowledge for Company Secretaries

The board of a company must decide whether to open a new plant. The company secretary prepares a note listing three possible locations, with costs and risks of each, so that directors can compare them. At which stage of decision making is this step?

This is the stage of developing and analysing alternatives. The secretary has set out three possible locations with their costs and risks, enabling directors to compare them before choosing one, so it is neither problem identification nor implementation.

  1. AIdentifying the problem
  2. BDeveloping and analysing alternativesCorrect
  3. CImplementing the decision
  4. DFollow-up of the decision

Explanation

Listing possible locations with costs and risks is generating and analysing alternatives. The problem (need for a plant) is already identified, and no choice has yet been implemented or reviewed.

Did you get it right without looking?

One question tells you little. A timed set on Management Knowledge for Company Secretaries shows your real accuracy, how long you take and where you lose marks.

Practise Management Knowledge for Company SecretariesFree diagnostic mock

More Management Knowledge for Company Secretaries questions