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What are routine and strategic decisions?
Routine decisions are of repetitive nature that do not need much analysis and evaluation, are in the context of everyday operations of the enterprise and can be made rapidly at middle management level. Strategic decisions concern to policy matter, are taken at higher levels of management following careful analysis and evaluation of different alternatives, involve huge expenditure of funds and slight mistake in decision making is injurious to the enterprise.
Advantage of Vogel Approximation Method a. This method is very systematic. b. This method takes lesser time in solving transportation problem. c. Less computation a
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Order Qualifiers - Operations Strategy These are not essential to winning business in their own right. They may however, determine the entry level whereby the organisation is
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Are there situations in which self-preservation is not the highest value?
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