Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 1, Problem 1DQ
Summary Introduction
Interpretation:Before starting the business, Decision maker identify the best course of action among the different alternatives.
Concept Introduction:An ABC company manufacture the bearings and customer are not satisfied with the performance of the bearing. So what we do as a decision maker, we first analyze the problem that are arises, after that find the possibilities to solve the problem, then compare the different possibilities and select the best one. The aim is to achieve organizational goal.
Expert Solution & Answer
Answer to Problem 1DQ
Strategic is more important than tactical
Explanation of Solution
There are following points.
- Strategic helps to make decision for long term objective whereas tactical helps to take decision for short term objective.
- Tactics helps to achieve goal or objective whereas Strategic helps to set the overall plan, which involve objects, critical operational activities.
- In Strategic, decision are taken by higher level of management whereas in tactics, decision are taken by middle level of management.
- In Strategic, decision are based on the market demands which is unstructured or we have partial knowledge about the plan whereas In Tactics, decision are based on launching distribution channels, arranging workflow as well as procurement of resources like men, materials and capital.
- In Strategic, we plan “what” we do whereas In Tactics, we plan “How” we do. Tactics are more flexible than Strategic but it didn’t work to launch new objective frequently.
- Strategic helps to build organization by introducing new product and objectives whereas Tactics helps to complete day to day action that set to complete the task.
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Chapter 1 Solutions
Practical Operations Management
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