types of decisions

Question 1

what are the 3 types of decisions

Answer 1

strategic, tactical, operational

Question 2

length of strategic decision

Answer 2

long term

Question 3

length of tactical decision

Answer 3

medium term

Question 4

length of operational decision

Answer 4

short term, day to day

Question 5

strategic decision maker

Answer 5

senior mangers

Question 6

tactical decision maker

Answer 6

middle managers

Question 7

operational decision maker

Answer 7

supervisors/ all staff

Question 8

purpose of strategic

Answer 8

to meet the overall purpose and direction of the organisation e.g. to grow the business

Question 9

purpose of tactical

Answer 9

to achieve the strategic decisions e.g. launch new products to grow organically

Question 10

purpose of operational

Answer 10

to react to situations as they arise e.g. dealing with a customer complaint

Question 11

strategic risk

Answer 11

high

Question 12

tactical risk

Answer 12

medium

Question 13

operational risk

Answer 13

low

Question 14

what are centralised decisions

Answer 14

the decision making is kept at the senior level of the business.

Question 15

what are decentralised decisions

Answer 15

a decision making is delegated to branches or outlets