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In organizational planning, strategic decisions are made at the top level, focusing on long-term goals and overall direction. Tactical decisions are made at the middle management level, translating strategic plans into specific actions and initiatives. Operational decisions occur at the lower management level, involving day-to-day activities and resource allocation to implement tactical plans. Each level ensures alignment with the organization's objectives, with a clear flow of information and responsibility.
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How are decisions made in a market economy?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
What decisions are made at the margin when each alternative considers?
Where the most costly alternative will be
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.
Why Decisions are made?
Decisions are made to plan for your future.
Explain the use of marginal analysis for break-even and profit-maximizing decisions?
In each case the process involves comparing costs and benefits of decisions that are made in small, incremental steps.
What is level of decision making?
Levels of decision-making typically refer to the hierarchy within an organization or context where decisions are made. These levels often include strategic decisions made by top management, tactical decisions by middle management, and operational decisions by lower-level employees. Strategic decisions shape the direction and long-term goals of the organization, while tactical and operational decisions focus on implementing those strategies and managing day-to-day activities. Each level involves different scopes, timeframes, and impacts on the organization.
How are decisions made in a market?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
How are decisions made in a market economy?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
Why is decision making relevant to planning?
When planning, there are different options that could be chosen. Decision making is relevant to planning because decisions as to the best options need to be made.
At which level of the somatosensory system are conscious decisions made about low-grade touch stimuli?
Perceptual level
What is the difference between strategic decision administrative decision and operational decision?
Strategic decisions are made by executive level managers. Operational decisions are made by line managers. Operational decisions can change from day-to-day.
Who makes decisions in a market economy?
The decisions are made in a market economy by considerations of various factors. The output level of an economy is the main considerations as well as the income level of the region.
At what level should the decision to accept risk be made at?
The decision to accept risk should be made at the appropriate and correct level. For the United States Army, risk decisions should be made at the lowest level possible.
What level should the decision to accept risks be made at?
The decision to accept risk should be made at the appropriate and correct level. For the United States Army, risk decisions should be made at the lowest level possible.
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 make decisions in an organization?
Operational decisions focus on day-to-day activities within the company and are typically made by lower-level managers.
What are some similarities between command and traditional?
Economic decisions are made via centralized planning, and prices do not determine how much is produced.
