Describe the Activities Performed and Information Used by Each of the Following

question 103

Essay

Describe the activities performed and information used by each of the following levels in the management structure:
a.Strategic management
b.Tactical management
c.Operations management

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Definitions:

Sales Level

The total volume or amount of sales achieved by a business within a specified time period.

Dividend Payout Ratio

The portion of a company's earnings that is paid out to shareholders as dividends, usually expressed as a percentage.

Sustainable Rate

The maximum rate at which a company can grow its earnings without needing additional equity financing while maintaining a constant debt-to-equity ratio.

External Equity

Refers to funds raised from outside the company, typically through issuing new shares to investors.