Operational decisions are determinations made in regard to the routine, ongoing activities in the functional areas of an organization. These relate to day-to-day functioning or operations of business. Middle and lower-level managers take these decisions. Strategic decisions are important decisions which affect objectives, organisational goals, and other important policy matters. These decisions usually involve huge investments or funds. These are non-repetitive in nature. Deciding the location of the plant is a strategic decision to optimally manage the logistics cost and manage the supply chain efficiently. These decisions involve huge investments, made by the firm, in acquiring building(s), arranging and installing plant and machinery.
Amit makes 900 articles at a cost of 40 paise/article. He fixed the selling price such that if only 500 articles are sold, he would have made profit of ...
Article ‘P’, if sold at a profit of 18% earns a profit of Rs. 360. If article ‘P’ is marked 30% above its cost price and then sold after offerin...
A shopkeeper marked an article Rs. 850 above its cost price and sold it after giving a discount of 30% and earned a profit of 20%. Find the cost price o...
The average cost price of two products, Lakme and Fruitjoy, is Rs. 400. These products are sold at profits of 10% and 20%, respectively. If the combined...
The selling price of y items is equal to the cost price of 540 items. If the profit made is 44%, then find the value of y.
A bought an article at 30% less of the marked price and sold it at 12% more than the marked price. Find the profit earned by him.
Cost of 4 pens, 6 note books and 9 files is Rs 305. Cost of 3 pens, 4 notebooks and 2 files is Rs 145. What is the cost (in Rs) of 5 pens, 8 notebooks ...
'P' sold an item at a profit of 40%. If the cost price of the item had been Rs. 150 less and its selling price had been Rs. 30 mo...
One article is sold at 10% profit while other is sold at 5% loss such that the difference between their selling prices is Rs. 180. If the cost price of ...
A fruit seller bought some mangoes. By selling 50% of total mangoes he got a profit of equal to 50% of his overall cost and 80% of remaining mangoes he ...
