Classify the following decisions as being characteristic of strategic planning, tactical planning, managerial control, or operational control. Determining the mix of products to manufacture this year Examining whether the number of defective goods manufactured is within a certain range Expanding a product line overseas Determining the best distribution route Examining whether the cost of raw materials is within a certain range Examining whether personnel development cost is rising Employing more automated manufacturing this year Examining whether the amount of scrap material is acceptable Building a new plant facility Examining whether employees’ attitudes are improving Examining whether production levels are within a predicted range Making purchasing arrangements with a new supplier Increasing production capabilities this year by purchasing a more efficient piece of machinery Closing a plant
Classify the following decisions as being characteristic of strategic planning, tactical planning, managerial control, or operational control. Determining the mix of products to manufacture this year Examining whether the number of defective goods manufactured is within a certain range Expanding a product line overseas Determining the best distribution route Examining whether the cost of raw materials is within a certain range Examining whether personnel development cost is rising Employing more automated manufacturing this year Examining whether the amount of scrap material is acceptable Building a new plant facility Examining whether employees’ attitudes are improving Examining whether production levels are within a predicted range Making purchasing arrangements with a new supplier Increasing production capabilities this year by purchasing a more efficient piece of machinery Closing a plant
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Classify the following decisions as being characteristic of strategic planning, tactical planning, managerial control, or operational control.
- Determining the mix of products to manufacture this year
- Examining whether the number of defective goods manufactured is within a certain range
- Expanding a product line overseas
- Determining the best distribution route
- Examining whether the cost of raw materials is within a certain range
- Examining whether personnel development cost is rising
- Employing more automated manufacturing this year
- Examining whether the amount of scrap material is acceptable
- Building a new plant facility
- Examining whether employees’ attitudes are improving
- Examining whether production levels are within a predicted range
- Making purchasing arrangements with a new supplier
- Increasing production capabilities this year by purchasing a more efficient piece of machinery
- Closing a plant
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