Define the routine and strategic managerial decisions, Business Management

Assignment Help:

Define the routine and strategic managerial decisions.

Routine and Strategic Decisions:

Routine decisions are of repetitive nature that does not need much analysis and evaluation, which are in the context of daily operations of the enterprise and can be made rapidly at middle management stage. Strategic decisions relate to policy issue, are seems at higher levels of management after careful evaluation and analysis of different alternatives, involve huge expenditure of funds and slight mistake within decision making is harmful to the enterprise.


Related Discussions:- Define the routine and strategic managerial decisions

Behaviour, Question: 1 What is meant by the core competency and synergy ...

Question: 1 What is meant by the core competency and synergy components of strategy? Give examples. Perform a SWOT analysis for the university campus you attend. Do you think yo

Describe the decision making process, Question 1: What are the differen...

Question 1: What are the different factors in the external environment that affect your organisation? Question 2: "Working into teams is better than individual work". D

Preparing for a sales meeting, Preparing for a Sales Meeting: People w...

Preparing for a Sales Meeting: People who attend sales meetings, or any business meeting for that matter; have taken out time from their busy schedules to participate. They ar

Cost optimization, Have preventive maintenance( PM) in addition to breakdow...

Have preventive maintenance( PM) in addition to breakdown maintenance ( BM) optimal combination of the two is required for total cost minimization profitable preventive maintenan

Organizing , critically discuss the 5 fundamentals of organizing

critically discuss the 5 fundamentals of organizing

Define the term sustainable development, Question: (a) Define the term ...

Question: (a) Define the term sustainable development (b) What is environmental sustainability (c) What are the different steps involved in the development of an EIA for

Economic feasibility analysis, Q. Economic feasibility analysis? Feasib...

Q. Economic feasibility analysis? Feasibility Analysis: - The feasibility analysis carefully examine economic, operational, technical, scheduling, legal and strategic factors o

Why management might choose a direct approach, Explain the reasons why mana...

Explain the reasons why management might choose a direct approach to a system changeover in preference to other alternatives (such as phased, parallel running or pilot schemes).

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd