Which of the following is a difference between operational-level and tactical-level decision making?
A) Operational decisions are undertaken by managers, whereas tactical decisions are made by junior executives.
B) Operational decisions impact the organization and its industry, whereas tactical decisions deal with routine transactions.
C) Operational decisions mostly address issues like product development and marketing plans, whereas tactical decisions address issues such as investment and hiring policies.
D) Operational decisions require detailed, structured information about actual transactions by customers, whereas tactical decisions need more aggregated information to monitor success and plan next steps.
D
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The amount of time a project will take to recuperate its investments best defines
A) recuperation time frame. B) net present value. C) payback analysis. D) internal rate of return.