Identify a key difference between managerial decisions and operational decisions.
A) Managerial decisions concern the allocation of resources, whereas operational decisions concern day-to-day activities.
B) Managerial decisions are corporate decisions, whereas operational decisions concern the utilization of resources.
C) Managerial decisions deal with the allocation of resources, whereas operational decisions concern broad-scope, organizational issues.
D) Operational decisions have broad scope, whereas the scope of managerial decisions is limited to day-to-day activities.
E) Operational decisions have narrow scope, whereas the scope of managerial decisions is limited to day-to-day activities.

Question

Quizplus · Accepted Answer

The key difference between managerial decisions and operational decisions is that managerial decisions concern the allocation of resources, which includes long-term planning and strategy, while operational decisions concern day-to-day activities and focus on the best way to utilize resources to achieve specific goals. Managerial decisions are made by senior management, while operational decisions are made by line managers and front-line employees.

Identify a Key Difference Between Managerial Decisions and Operational Decisions