What Is Tactical Decision Making

question 54

Multiple Choice

What is tactical decision making?

• A)Decision making that consists of choosing among alternatives with a long term view.
• B)Decision making that consists of choosing among alternatives using only relevant cost information.
• C)Decision making that consists of choosing among alternatives with an immediate end in view.
• D)Decision making that consists of choosing among alternatives using only qualitative factors.

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Definitions:

Variable Costs

Costs that vary in direct proportion to changes in production or sales volume, such as raw materials and sales commissions.

Long-Run Usage

Analysis or operations that consider a longer time horizon, focusing on trends and strategies sustainable in the future.

Reciprocal Method

An accounting method used for allocating costs between interdependent departments, accurately reflecting the shared services costs.

Mutual Provision

Mutual provision relates to the sharing or exchange of services, resources, or benefits between parties, often within a cooperative or collaborative framework.