There are two types of decisions, strategic and tactical. Strategic decisions have long-term consequences and are developed further into the future than tactical plans. They are less structured, while tactical decisions are routine and repetitive, and have short-term consequences. Decision making is essential in all management activities, including operations management. The five categories of decision making include strategic and tactical decisions.
Operation management is a function consisting of strategic choices, process, quality, capacity, location, layout, and operating decisions. In most large organizations, the operations department is in charge of transforming inputs into finished products or services while accounting gathers an
...d analyses financial information.
The different departments of a company have unique roles. Distribution oversees the transportation, warehousing, and management of materials. Engineering is responsible for designing and improving products and production techniques. Finance manages the company's investments and financial resources. Human resources focuses on recruiting and training personnel. Marketing generates interest for the company's offerings.
Some organizations may not require certain functions, while others can save costs by outsourcing certain functions like legal services or engineering instead of having an internal department. In small businesses, owners may manage functions like marketing or operations on their own.
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