_____ decisions concern the execution of specific tasks to assure that they are. carried out efficiently and effectively.
Answers
Answer :- Operational decisions concern the execution of specific tasks to assure that they are carried out efficiently and effectively.
Operational decisions or Operating decisions are decisions made to manage day to day business.
Example of Operational decision areas :-
Design of Goods and Services
Inventory Management
Quality Management
Supply Chain Management
Process and Capacity Design
Layout Design and Strategy
Location Strategy
Operational decisions concern the execution of specific tasks to assure that they are carried out efficiently and effectively. They are decisions made to manage the day to day tasks of a business. The four main types of operational decisions in any business are:
• Pricing
• Discounts
• Promotions
• Collecting information
With the growth of a business, the number of such decisions increase and employees and managers are recruited to manage these decisions.