What Is Business Flexibility?
Business decisions are also called "daily management decisions". A collective term for a series of decisions made in daily production and operation to better execute management decisions and improve the efficiency of daily business work. Most are repetitive and have certain deterministic programmatic decisions. Such as the establishment of quotas, the distribution of production tasks, the dispatch of manpower and materials, and equipment maintenance. Business decisions are often combined with operational control. For short-term goals, business decisions are more flexible than strategy decisions. If mistakes occur, remedial measures can be taken immediately, so the losses are small. [1]
Business decision
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- Business decisions are also called "daily management decisions". A collective term for a series of decisions made in daily production and operation to better execute management decisions and improve the efficiency of daily business work. Most are repetitive and have certain deterministic programmatic decisions. Such as the establishment of quotas, the distribution of production tasks, the dispatch of manpower and materials, and equipment maintenance. Business decisions are often combined with operational control. For short-term goals, business decisions are more flexible than strategy decisions. If mistakes occur, remedial measures can be taken immediately, so the losses are small. [1]
- Business decision-making, also called executive decision-making, is a decision made in the daily work to improve production efficiency and work efficiency. It involves a narrow scope and only has a local impact on the organization. The main areas of business decision-making include: the daily allocation and inspection of work arrangements, the arrangement and supervision of work schedules (production progress), the formulation and implementation of post responsibility systems, the control of inventory and the procurement of materials.