• Business
    as: strategic information, Tactical information and operational information. 1. Strategic information Strategic information is the information needed by top most management for decision making. This information is not required by the lower levels in the organization. The information systems...
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  • Two of the Fundamental Management Tasks in a Business
    planning which is fundamental starting point within any organisation. The benefit of planning is that it determines the goals and plans of the organisation. These goals and plans can be strategic, tactical or operational on a long, medium or short term basis. Without planning an organisation will not be...
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  • Business Information Systems - Knowldege Management
    and the quality and the amount of quality information available to users on the tactical and strategic level of business decisions. It is important to note that the amount of information increases slower than the number of decisions that (should) have appropriate information support. The intuition...
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  • A Survey of Optimization Models for Train
    expressed as a number of locomotives or as a measure of the pulling power needed (i.e., horsepower and tonnage). At a strategic planning level, the objective followed is usually to minimize the required fleet size. At the tactical and operational levels, the available rolling stock is given and one...
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  • Marketing Planning
    operational level of a firm it is always to be couched within the philosophy, culture and strategies of the firm’s Marketing. In this way, the strategic marketing of the firm and the tactical marketing of the department of the firm can be connected within the firm, as the latter tends to represent...
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  • Bba Directed Study Module 1
    planning, inspire motivation and commitment, and promote evaluation and control. There are different types of goals such as strategic, tactical and operational. Strategic goals are set by and for top management of the organization. Tactical goals are set by and for middle managers of the...
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  • Strategic Management
    are now involved. 4. Why are strategic decisions different from other types of decisions? Strategic decisions are highest level compare to tactical and operational decisions. And it is definitely different from other types of decisions because they are broad in scale, long term in nature...
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  • Managerial Decision Making
    is highly structured: "Whenever books are needed, look at Joe's Books." An important comment should be made here. Issues should be examined and decisions should be made at all of these levels. If you discover that nearly all of your thinking and decision making is taking place at the operational...
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  • Business Information Systems and Their Uses
    that contain a complex amount of information that has to then be analysed by managers, and then the information helps to facilitate strategic decision making. The reason that these types of MIS are used for strategical purposes are that they gather all the data and feedback from the operational...
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  • Management Accounting Summary
    determine the fundamental nature and direction of a business that serve as guide for decision making , involve ( what , who , where ,when) Tactical objectives: mid-term goals that helps an organization to achieve its long-term strategies (lay the groundwork for attaining the company’s strategic...
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  • Chapter 1--Introduction to Accounting Information Systems
    development projects should be undertaken 70. At which level of the organization are decisions most unstructured? A. operations and business event processing level B. strategic management level C. operations management level D. tactical management level 71. ____ requires information to assess...
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  • Bba Manage
    organization, facilitate planning, inspire motivation and commitment, and promote evaluation and control. There are different kinds of goals including strategic, tactical, and operational goals. These goals are set for and by different levels within an organization. 2. Identify and describe...
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  • Strategic Planning
    STATERGIC AND OPERATIONAL DECISION MAKING INTRODUCTION The performance of contracting any firm or an organization is firmly bounded to the quality of operational decisions at the strategic level. Business intelligence (BI) software is applied at three different levels in the enterprise...
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  • Introduction to Principles of Management
    ) Increase motivation – Meeting goals, feeling a sense of accomplishment, receiving recognition and other rewards for attaining target serve to enhance motivation. Levels of 3 Goals 1. Strategic goals 2. Tactical goals 3. Operational goals Top Management...
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  • Strategic Mgt
    implementation of strategic decisions made at corporate and business level. The basic function of this level is translating the strategic decisions into strategic actions. The basic aspects in operational level are : * Achieving cost and operational efficiency * Optimal utilization of resources...
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  • Firm and Information
    operational decisions. These types of decisions are taken as a result of the directions set forth by strategic and tactical decisions, and typically involve specific details on how to allocate and make use of resources. Information that first level managers generally make use of include things like...
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  • The Postgraduate Diploma in Business Management
    Criteria 2.1 Differentiate strategic planning from operational and tactical planning 2.2 Prepare a strategic plan for an organisation with which the learner is familiar Indicative Content  Distinctions between and advantages of different types of business planning – operational, tactical...
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  • Range of Decision to Be Taken
    ] available from< http://www.businessballs.com/problemsolving.htm> [2 June 2012] First Point Media Pty (2012) Tips on Strategic, Tactical and Operational Decision Making [online] available from< http://www.smallbusinesshq.com.au/factsheet/20305-tips-on-strategic-tactical-and-operational-decision-making.htm > [2 June 2012]...
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  • Strategic Management
    strategic decisions are different to the type and nature of business decisions experienced on a day to day basis. These are of an operational or tactical nature (back to military roots!). Johnson and Scholes (1999, pages 36 &37.) identify a range of characteristics associated with the words...
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  • Managing People & Organisations
    tactical level management or middle management who are responsible for ensuring the goals and objectives set by senior management are enforced. This level of decision making will affect a number of people but not necessarily the whole organisation and are of moderate risk. Lastly there is operational...
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