Decisions can be classified in the following ways: 1. Major and Minor Decisions 2. Routine and Strategic Decisions 3. Policy and Operating Decisions 4. Programmed and Un-Programmed Decisions. 5. Departmental and Non-Economic Decisions 6. Organisational and Personal Decisions. Type # 1. Major and Minor Decisions: These can be categorised on the basis of their intensity. For example, purchase of a [...]
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