Cultural Levels and Business
February 12, 2025
The Managerial Skill of Spotting Trouble Early All managers, whether they are in sales and marketing, operations, finance, or human resources, or for that matter project manager, have to have a set of skills and attributes that would stand them in good stead. Apart from the technical skills and the soft skills such as communication […]
Flipping properties may sound like a good idea to the novice real estate investor. However, anyone who has even engaged in real estate transactions even once or twice knows that there are significant costs associated with real estate transactions. These costs are called “transaction costs” because they are triggered when a real estate transaction takes […]
Organizations are increasingly facing the heat of attrition, which is not good to health of the same. Money and resources are spent into training an individual for a particular job and when he/she leaves the return on that investment equals null. Often it is not for the money that people leave; that may be the […]
Business to Business Marketing refers to transaction of goods and services between two or more organizations. Ways of Business to Business Internet Marketing Strategies Educate Your Prospects It is really essential to make your client feel important. Remember you will have a tough time dealing with an uneducated and confused client. Always educate your client […]
Communication plays an essential role in public speaking. There is a difference between speaking to someone in private and connecting to a large audience. Believe me; you fail as a speaker even if one individual in the audience goes back with the slightest doubt in his/her mind. Your job as a speaker is incomplete unless […]
Strategic decisions are the decisions that are concerned with whole environment in which the firm operates, the entire resources and the people who form the company and the interface between the two.
Administrative decisions are routine decisions which help or rather facilitate strategic decisions or operational decisions.
Operational decisions are technical decisions which help execution of strategic decisions.
To reduce cost is a strategic decision which is achieved through operational decision of reducing the number of employees and how we carry out these reductions will be administrative decision.
The differences between Strategic, Administrative and Operational decisions can be summarized as follows-
Strategic Decisions | Administrative Decisions | Operational Decisions |
Strategic decisions are long-term decisions. | Administrative decisions are taken daily. | Operational decisions are not frequently taken. |
These are considered where The future planning is concerned. | These are short-term based Decisions. | These are medium-period based decisions. |
Strategic decisions are taken in Accordance with organizational mission and vision. | These are taken according to strategic and operational Decisions. | These are taken in accordance with strategic and administrative decision. |
These are related to overall Counter planning of all Organization. | These are related to working of employees in an Organization. | These are related to production. |
These deal with organizational Growth. | These are in welfare of employees working in an organization. | These are related to production and factory growth. |
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