Identify a Key Difference Between Managerial Decisions and Operational Decisions

question 15

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 concern broad-scope, organizational issues.
• D)Operational decisions have broad scope, whereas the scope of managerial decisions is limited to day-to-day activities.

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Definitions:

Mid-Winter Getaway

A vacation or short break taken during the winter months, often to a warmer location to escape the colder weather.

System-2 Thinking

A cognitive processing methodology that involves analytical, conscious, and rational thought, as opposed to intuitive and quick decisions.

System-1 Decision

Fast, automatic, intuitive responses or decisions, as categorized by dual-process theory in cognitive psychology.