Strategic or tactical decision making


Answer these following Questions:

Chapter1:

Question: 1. Which is more important, strategic or tactical decision making?

Question: 2. Why is the measurement of productivity more challenging in the provision of services, when compared to measuring the productivity of a goods-producing operation?

Question: 3. What are the advantages that can be gained if a product does not necessarily need to be consumed at the place it is produced, and how does this relate to supply chain
management?

Question: 4. Why would sustainability alone not necessarily guarantee the survival of an
organization?

Chapter2:

Question: 1. Where are the boundaries of an organization's value statement? Should it look for these values in itself, its immediate business partners, and/or the partners of its partners?

Question: 2. Why is the measurement of productivity more challenging in the provision of services, when compared to measuring the productivity of a goods-producing operation?

Question: 3. Why would high productivity not necessarily guarantee competitiveness?

Question: 4. What is the relationship between planning and decision making? Do these two activities always occur simultaneously? Does one depend upon the other?

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Business Management: Strategic or tactical decision making
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