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3 cards from this section. Quick, good the night before a test.
What is a strategic decision? Provide an example.
Think about decisions that affect the company over many years.
Name a tactical decision that a manager could make.
This is related to the management of resources.
Which type of decision is typically made by top-level executives?
Think about decisions that impact the long-term vision of a company.
True or False: Operational decisions are usually made by lower management.
Consider who is responsible for daily operations.
You are an executive in a tech company. Your team proposes a merger with a struggling competitor. Analyze the potential strategic benefits and risks of this merger.
Consider both the advantages and obstacles of combining companies.
In a retail operation, the manager is faced with limited budget and labor availability. Discuss how tactical and operational decisions would be impacted.
Think about how resources affect both planning and daily activities.
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