Types of decisions Flashcards
1
Q
Strategic
A
Made to set out the objectives of an organisation. They are made by the Chief Executive and the Board of directors. They are long-term and high risk.
2
Q
Tactical
A
Made to implement the strategic decisions. They are made by middle management. They are medium-term and medium risk.
3
Q
Operational
A
Made to achieve the objectives of the organisation. They are made by various departments. They are day-to-day and low risk.