Quiz on Levels of the Decision Making Process

What type of information is essential for making strategic decisions?

• Strategic Information

• Financial Information

• Tactical Information

• Operational Information

Which level of decision making involves medium and short term planning?

• Strategic Level

• Executive Level

• Operational Level

• Tactical Level

What type of information is primarily obtained from the external environment at the strategic level?

• Operational Information

• Financial Information

• Tactical Information

• Strategic Information

Which of the following is NOT a futuristic input used in strategic planning?

• Emerging technologies

• Consumer preferences

• Current sales data

• Socio-economic changes

Operational information helps in controlling which of the following?

• Market analysis

• Strategic initiatives

• Daily operations

• Long-term projects

What is the primary focus of tactical information?

• Long-term forecasting

• Daily operations

• Strategic analysis

• Medium and short term planning

Which level of decision making is concerned with current happenings within the organization?

• Executive Level

• Operational Level

• Tactical Level

• Strategic Level

From which management level is tactical information typically obtained?

• Top management

• Middle management

• Lower management

• External consultants

What type of information is described as wholistic and un-structured?

• Financial Information

• Strategic Information

• Tactical Information

• Operational Information

Which of the following is a source of tactical information?

• Emerging technologies

• Budgets and forecasts

• Consumer preferences

• Socio-economic changes