Operations Management, Binder Ready Version: An Integrated Approach
Operations Management, Binder Ready Version: An Integrated Approach
6th Edition
ISBN: 9781118952610
Author: R. Dan Reid, Nada R. Sanders
Publisher: WILEY
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Chapter 1, Problem 5DQ
Summary Introduction

Interpretation:the difference between strategic and tactical decisions is to be stated along with their relationship.

Concept Introduction:

Every business has to take decisions to achive, grow and remain competitive. These decision making can be boardly divided into two decisions namely Strategic and tactical decisions. Strategic decisions are based on long term goals where as tactical decisions are for short term goals.

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