Operational Decisions
Operational decisions are day-to-day choices made by managers to ensure that a business runs smoothly. These decisions often involve resource allocation, scheduling, and process management. For example, a manager might decide how many employees to schedule for a shift or which suppliers to use for materials.
These decisions are typically short-term and focus on efficiency and effectiveness. They help organizations respond quickly to changes in demand or operational challenges. By making informed operational decisions, businesses can improve productivity and maintain a competitive edge in their industry, such as in manufacturing or retail.