Decisions are part of the manager's remit. Difficult choices may have to be made for the common good of the organisation. There are three types of decision in business:
|long term||medium term||day-to-day|
|complex||less complex||simple and routine|
|made by senior managers||made by middle managers||made by junior managers|
|eg aiming to be market leader||eg launching new product/opening new branches||eg regular ordering of supplies/creating staff rota|
A mission statement is a formal written statement of the objectives and aims of a company. The BBC's mission statement is:
To enrich people's lives with programmes and services that inform, educate and entertain.