STRATEGIC VS FUNCTIONAL DECISION MAKING

Question 1

Who is stretegic planning taken by

Answer 1

Strategic planning is taken by people on the board

Question 2

Who is functional decision making undertaken by

Answer 2

Functional decision making, tactics, and the day to day way the business is run is undertaken by the people in the different functional areas

Question 3

What is the time frame of strategic decision making

Answer 3

Medium to long term

Question 4

What is the regularity of strategic decision making

Answer 4

Biannually, annually

Question 5

What does strategic decision making have an impact on

Answer 5

Finctional areas, heads of department

Question 6

Who is stratgic decision making responsible to

Answer 6

Owners/ shareholders

Question 7

What is the time frame for fuctional decision making

Answer 7

Short term

Question 8

What is the regularity of functional decision making

Answer 8

Can be: Daily, weekly or monthly

Question 9

What impact does functional decision making have

Answer 9

Front line staff

Question 10

Who is functional decision making responsable to

Answer 10

Board of directors