Testbank: MBA 522 Quiz 2 Macro-Level Decision Making Context 2026 – Complete Solutions

MBA 522 QUIZ 2 MACRO-LEVEL
DECISION MAKING CONTEXT |
QUESTIONS AND ANSWERS | 2026
UPDATE | WITH COMPLETE
SOLUTIONS.

The type of decisions a business makes include - answer- - Strategic (by senior
management)
- Tactical (by middle management)
- Operational (by junior management)

Strategic decision - answer- - long terms will affect the direction the business takes.
- affects the entire business and is made by the owner or senior management
- can be expensive

Tactical decisions - answer- - are flexible and medium term
- any objective failed to be met can be changed

Operational decisions - answer- decisions that concern the day-to-day activities of an
organization

- short term
- little risk

Scientific decision-making - answer- Based on data and uses logical, rational approach
to decision making

- identify objective
- collect info
- analyse info
- make and implement decisions
- monitor and review decision

Intuitive decision-making - answer- Making decisions on the basis of experience,
feelings, and accumulated judgment.

Types of Decision making models - answer- - decision trees
- critical path analysis
- cost benefit analysis