BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The first are strategic decisions. These decisions are broad in scope and long-term in nature. As a result they set the direction for the entire company.

Detailed explanation-2: -Executive-level decisions deal with complex problems with broad and long-term ramifications for the organization.

Detailed explanation-3: -Strategic decision making within any organization takes place on three levels. The difference between the three levels of strategy in an organization is the level at which they operate in a business. The three levels are corporate level strategy, business level strategy, and functional strategy.

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

Detailed explanation-5: -Policy decisions are made at the strategic level and focus on long-term issues, such as the overall direction of the company. Operating decisions, on the other hand, are made at the operational level and focus on short-term issues, such as which products to produce and how to staff the production process.