3.2.2 types of decisions

Question 1

programmed decisions

Answer 1

made on daily basis, business is familiar with, have little risk.

Question 2

non-programmed decisions

Answer 2

deal with unique situations, require some thought, relatively high risk.

Question 3

tactical decisions

Answer 3

short term targets, easy to reverse, can be made by junior managers
e.g employing a new marketing manager.

Question 4

strategic decisions

Answer 4

major long term decisions, made by senior managers, require lots of resources, difficult to reverse.
e.g expansion abroad