Identify a Key Difference Between Managerial Decisions and Operational Decisions

question 77

Multiple Choice

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 deal with the utilization of resources.
• D)Operational decisions have broad scope, whereas the scope of managerial decisions is limited to day-to-day activities.

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Definitions:

Prompt Shipment

The process of quickly and efficiently sending goods to a buyer shortly after receiving the order.

Acceptance

A term used in contract law, acceptance refers to the act of agreeing to the terms of an offer, thereby creating a binding contract.

Canceled

The act of formally terminating or voiding an agreement, contract, policy, or event.

CISG

The United Nations Convention on Contracts for the International Sale of Goods, a treaty that governs the sale of goods between parties in different countries.