Which of the following describes decision making at the tactical or functional level? a) Senior...
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Accounting
Which of the following describes decision making at the tactical or functional level? a) Senior management will need to make long-term decisions about the future of the whole business. Therefore, strategic decisions will be made about which markets the business is to operate in, whether to bid to take over a competitor, etc. b) These decisions are made in focusing on the medium-term future of the business, say looking at the 12-18-month pricing strategy for a product, deciding what products to stock over the summer months, etc. They tend to be focused on particular business units or departments. c) These decisions focus largely on the day-to-day running of the business and may be made by lower-level managers, say at the branch level. They may concern inventory levels, staffing rotas, etc. d) None of the above
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