What are the levels of decision making in a company and how are information systems set up to efficiently manage a corporation?
Levels of decision making in a company are:
1) Strategical level:
This point states that these type of decision making should be taken by the higher authorities of the company for example: Chief executive, chief manager, president etc. Basically these decisions are taken by the Top level management for certain things like launching of any new product, related to finance, spreading business globally etc.
2) Tactical level:
This point states that these type of decision making is done by the Middle man of the company. Basically the middle level management who has the right for making decisions in the company. Some various decision making are: managing budget, controlling lower level, controlling manpower etc.
3) Operational level:
This point states that these type of decision making is done by the bottom level management in the company. They do day to day work process of the company. Some various decisions taken by them are: to count the stock, checking of machineries etc.
Information systems helps the company to give tough competition to there competitors in the market. This helps in decision making and also improves the performance of the employees in the company. Correct information will lead to grow faster and will help you to achieve your company goals.
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