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 article of the Indian Constitution ensures the protection of freedom of speech?
Which article of the Indian Constitution cannot be suspended even during a national emergency?
Which article empowers the President of India to promulgate ordinances?
Which Act ended the monopoly of the East India Company in India under British rule?
Which amendment established the National Commission for Backward Classes?
Which article of the Indian Constitution deals with the Uniform Civil Code?
Who was notably absent from the Constituent Assembly of India?
The concept of ‘Directive Principles of State Policy’ in the Indian Constitution is borrowed from which country’s constitution.
Under which amendment was Education made a fundamental right in India?
Which Article of the Indian Constitution specifies Hindi in Devanagari script as the official language?
