ECONOMICS

COST ACCOUNTING

INFORMATION FOR DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who would usually make tactical decisions within an organisation?
A
Middle management
B
Cleaners
C
CEO
Explanation: 

Detailed explanation-1: -These types of decisions generally occur at the highest levels of organizational management. Tactical Decisions-Tactical decisions concern the tactics used to accomplish the organizational objectives. Tactical decisions are primarily made by middle and front-line managers.

Detailed explanation-2: -Officers and executives make tactical decisions for a company. Officers and executives include the CEO, COO, CFO and other top-level management in a company.

Detailed explanation-3: -Let’s review. Middle-level managers are responsible for developing the tactics necessary to complete organizational objectives. They pull information from top-level managers above them and supervisors below them, and they push data, analysis, details and facts back through the organization.

Detailed explanation-4: -Operating decisions are the decisions necessary to put the policy decisions into action. These decisions help implement the plans and policies taken by the high-level managers. Such decisions are usually taken by middle and lower management.

Detailed explanation-5: -Creating tactical plans is usually handled by mid-level managers.

There is 1 question to complete.