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examples of tactical decision-making
Gideon Nartey
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What is Strategic vs Tactical Decision?
Here is an example of a strategic business decision and a tactical one. We'll make up a company name to facilitate the answer. Kooler Kola only makes one soft drink product called Kola Plus. It is determined by the Kooler Kola Co. that there is not enough cash flow & profit in this product and it needs to do something about it. Kooler makes a strategic decision to broaden its market by adding a new soft drink to its product line. Thus Kooler is making a change in its market strategy by adding a new product. The tactical decision made to implement the strategy change is to create a cherry flavored drink to its product line as there seems to be little competition in the cherry cola markets. So strategy is the overall objective and this is accomplished by the tactic of introducing cherry kola.
What is sound fincanical decision?
A sound financial decision is a decision in which benefits the person directly responsible for the decision and sometimes those indirectly involved. An example of a sound financial decision might be investing in a stock that does well.
Using a hunch to help make a decision is an example of?
Intuition?
What is meant by decision-making?
What is meant by decision making is someone making a choice. Options are given that pertain to a certain situation and a decision or choice is made. An example would be the decision to make chicken or meatloaf for dinner.
Is passing a bylaw an example of decision making by consensus or compromise?
compromise
What are tactical decisions?
Tactical decisions support the strategic decision of the organisation. They tend to be of medium significance with moderate consequences.
Which type of decision making depend on real time a. strategic b. tactical c. operational d. nonprogrammable?
tactical
Was it a wise tactical decision for the Japanese commanders to call off the third wave?
Yes
How would you describe a tactical decision?
Tactical decisions involve creating short-term strategies designed to bring a positive result or an immediate solution to a particular problem. They are seen in politics as well as in business.
Is the Military Decision Making Process -MDMP- used by the US Army an example of a mental model?
Yes, the Military Decision Making Process (MDMP) used by the US Army can be considered a mental model. It is a structured approach that helps military leaders make decisions by organizing and analyzing information systematically. The MDMP provides a framework for problem-solving and decision-making in complex and uncertain situations.
What is the purpose of a tactical decision?
The purpose of decisions made at this level is to help move the company closer to reaching the strategic goal.
Tactic in a sentence?
Example sentence is: I use my tactical skills when I play tennis.
An example of an information to support tactical management is?
spreadsheet model of income projection
What is Strategic vs Tactical Decision?
Here is an example of a strategic business decision and a tactical one. We'll make up a company name to facilitate the answer. Kooler Kola only makes one soft drink product called Kola Plus. It is determined by the Kooler Kola Co. that there is not enough cash flow & profit in this product and it needs to do something about it. Kooler makes a strategic decision to broaden its market by adding a new soft drink to its product line. Thus Kooler is making a change in its market strategy by adding a new product. The tactical decision made to implement the strategy change is to create a cherry flavored drink to its product line as there seems to be little competition in the cherry cola markets. So strategy is the overall objective and this is accomplished by the tactic of introducing cherry kola.
What is an example of decision making in college?
choosing classes--- Apex
What is a programmed decision give an example?
a programmed decision is made in response to a situation that has occurred often enough to enable decision rules to be developed and applied in the future. For example the decision to reload paper in the printer is a programmed decision.
Where can one buy tactical gloves?
There are a number of shops where people can buy tactical gloves in London and around UK. For example, Sainsbury's, Tesco express, Primark, H & M etc.
