12.2.2. Based on Significance

Try these first

1. 1.

   What is a strategic decision? Provide an example.

   Hint

   Think about decisions that affect the company over many years.

2. 2.

   Name a tactical decision that a manager could make.

   Hint

   This is related to the management of resources.

3. 3.

   Which type of decision is typically made by top-level executives?

   • Operational
   • Tactical
   • Strategic

   Hint

   Think about decisions that impact the long-term vision of a company.

4. 4.

   True or False: Operational decisions are usually made by lower management.

   • True
   • False

   Hint

   Consider who is responsible for daily operations.

5. 5.

   You are an executive in a tech company. Your team proposes a merger with a struggling competitor. Analyze the potential strategic benefits and risks of this merger.

   Hint

   Consider both the advantages and obstacles of combining companies.

6. 6.

   In a retail operation, the manager is faced with limited budget and labor availability. Discuss how tactical and operational decisions would be impacted.

   Hint

   Think about how resources affect both planning and daily activities.