Which of the following is a characteristic of decisions made at an organization's strategic level?
A) They involve predetermined policies and procedures that spell out how to handle different situations.
B) They are mostly concerned with routine transactions directly involving customers.
C) They make use of business intelligence to address issues such as product development and marketing plans.
D) They have widespread effects which impact suppliers, customers, and the whole industry.
Q. 2The first step in the successful management of a next-generation supply chain is ________.
A) sourcing
B) delivering
C) making
D) planning
Q. 3What are the four hardware components of a computer? Give an example of each component.
What will be an ideal response?
Q. 4Operational information should be systematically collected and organized to ensure wide availability throughout an organization.
Indicate whether the statement is true or false
Q. 5Josh Lucas is a marketing manager at Grey Thompson, the largest advertising firm in Washington. What level of decision making would Josh be involved in if he undertakes decisions on promotional campaigns, guerilla marketing, and brand awareness?
A) operational
B) tactical
C) strategic
D) administrative
Q. 6Sustaining technologies are radical and unexpected breakthroughs that replace lower-end products and rapidly overtake high-end products of the market.
Indicate whether the statement is true or false