Operational Decisions Are Those That Support ________

question 34

Multiple Choice

Operational decisions are those that support ________.

• A) operational, day-to-day activities
• B) optimum utilization of resources
• C) organizational issues
• D) allocation of tasks
• E) strategic competitive objectives

Understand the importance of setting performance objectives and how they are used in management (Management by Objectives - MBO).

Recognize the role and mechanisms of disciplinary actions in organizational behaviour management.

Distinguish between different control flows within an organization (e.g., bureaucratic vs. clan control).

Understand the importance of quality control and assurance in production and service provision.

---

Definitions:

Production Possibilities Curve

A graphical representation showing the maximum quantity of goods and services that a society can produce with existing resources and technology, underlining the concept of opportunity cost.

Consumer Goods

Goods produced for direct consumption by the end customer, as opposed to goods used in the production of other goods.

Capital Goods

Physical assets that are used in the production of other goods and services and have a life expectancy of more than one year.

Production Possibilities Curve

A graphical representation that shows the maximum number of goods or services that can be produced efficiently with limited resources.