What are routine and strategic decisionsroutine decisions, Ask an Expert

Management Studies

What are routine and strategic decisions?

Routine decisions are of repetitive nature that do not need much analysis and evaluation, are in the context of everyday operations of the enterprise and can be made rapidly at middle management level. Strategic decisions concern to policy matter, are taken at higher levels of management following careful analysis and evaluation of different alternatives, involve huge expenditure of funds and slight mistake in decision making is injurious to the enterprise.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M9554838

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