Departmental, long-term and non-economic decisions, Business Management

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Define the departmental, long-term and non-economic managerial decisions.

Departmental, Long-term and Non-Economic decisions:

In long term decisions, there time period enclosed is long and the risk included is more. Departmental decisions associate to a particular department merely and are occupied by departmental head. And Non-economic decisions associate to factors as like technical values and moral behaviours etc.

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