Question
Which of the following is not an operational
decision?Solution
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.
Which institution collaborated with the Bureau of Indian Standards for cooperation in the areas of standardization and conformity assessment in August ...
In which year was tennis included in the Olympic games?
Which tournament is the world’s oldest and most prestigious badminton championship?
When South Africa joined this group?
Which of the following term is used in banking and finance to describe businesses that have a significant economic impact on the global economy and whos...
Who was given the Dronacharya Award 2017 for coaching in boxing?
The river known as Ganges of the South is:
The Kolar region of Karnataka is famous for which mineral from the following?
Who among the following rulers appointed Ladha and Pira, two gardeners to high administrative post?
Which of the following reports released by NITI Aayog are aimed at promoting Competitive Federalism?