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Strategic decisions, which affect the long-term direction of the entire company, are typically made by top managers.
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∙ 13y ago
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Scope of strategic management?
Strategic management helps businesses focus on the overall direction of the organization. When a business operates strategically, their manager's decisions are competitive.
Types of decisions?
tactic decisions & strategic decisions
1 Explain in what sense the top management makes the companys decisions and in what sense it does not make the companys strategic decisions alone Illustrate with suitable examples?
1. Explain in what sense the top management takes decisions for a company and in what sense it does not takes the strategic decisions for a company alone? Illustrate with suitable examples.
What are the differences between strategic and operational decisions?
Strategic decisions affect long term goals whilst operational decisions are for short term and day to day efficiency
Is Middle management usually is given the job of making strategic decisions?
No. Strategic decisions are usually made at a very high level of management.
Who is a chief executive officer of the company?
The Chief Executive Officer of an organization is the boss. They are at the top of the organization because they make strategic decisions about the organization.
What are differences between strategic management and strategic management accounting?
Strategic management uses strategy, including strategic thinking to make all decisions, often through the lens of a strategic plan. Strategic management accounting is strict focused on fiscally related decisions, also as aligned with the organization's strategic direction.
Scope of strategic management?
Strategic management helps businesses focus on the overall direction of the organization. When a business operates strategically, their manager's decisions are competitive.
What makes the strategic decision different from other decisions?
It is an educated and long term decision. where other decisions may be impulsive or short term
Types of decisions?
tactic decisions & strategic decisions
1 Explain in what sense the top management makes the companys decisions and in what sense it does not make the companys strategic decisions alone Illustrate with suitable examples?
1. Explain in what sense the top management takes decisions for a company and in what sense it does not takes the strategic decisions for a company alone? Illustrate with suitable examples.
Who makes tactical decisions in an organization?
Tactical decisions, which focus on more intermediate-term issues, are typically made by middle managers.
What are the differences between strategic and operational decisions?
Strategic decisions affect long term goals whilst operational decisions are for short term and day to day efficiency
What is a strategic model?
strategic model affects on csf of organization.
Who makes operational decisions in an organization?
Operational decisions focus on day-to-day activities within the company and are typically made by lower-level managers.
Is Middle management usually is given the job of making strategic decisions?
No. Strategic decisions are usually made at a very high level of management.
Duties of accounts department?
The accounting department helps the business remain profitable. Accountants generate reports that allow management to make strategic decisions about the direction of the organization.
