BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS ANALYTICS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Tactical decisions are the domains of higher level executives and usually span from 3 to 5 years
A
True
B
False
Explanation: 

Detailed explanation-1: -Tactical decisions are decisions and plans that concern the more detailed implementation of the directors’ general strategy, usually with a medium-term impact on a company. Tactical points requiring decisions include, but are not limited to: Size and structure of a work force. Sales and marketing strategy.

Detailed explanation-2: -Tactical and operational decisions are the medium-and short-term decisions which can be alternated annually, weekly, or even daily (Awudu and Zhang, 2012).

Detailed explanation-3: -Tactical decisions pertaining to the policy and planning of the firm are known as policy decisions. Such decisions are usually reserved for the firm’s top management officials. They have a long term impact on the firm and require a great deal of analysis.

Detailed explanation-4: -Decision making can also be classified into three categories based on the level at which they occur. Strategic decisions set the course of organization. Tactical decisions are decisions about how things will get done. Finally, operational decisions are decisions that employees make each day to run the organization.

There is 1 question to complete.