Tuesday, April 30, 2019
Choose a business whose main focus is in the manufacture of renewable Essay
Choose a business whose main focus is in the manufacture of renewable energy technology - Essay pillowcaseAelos Wind Turbine Company may undertake strategic decisions such as defining the objective and policies of the union. Executives of the company ar relegated with the task of analysing new markets and consequently designing new marketing strategies (Panneersalvam, 2006, p.2). They acknowledged the increasing petition in the wind energy industry thus, they decided to offer their products to different countries. In addition, they have created selection approaches to manufacturing. These executives established a long-term strategy that ensures sufficient financing. They focused on improving the technical features of the product. Lastly, executives at Aelos Wind Turbine Company designed strategies for recruitment, training, benefits, and salary. These are considered as strategic decisions as it determines the purpose, goal, and direction of the business institution (Panneersalv am, 2006, p.2).Meanwhile, tactical decisions are performed at the middle management level. Tactical decisions of Aelos Wind Turbine Company may complicate determining a suitable plant location, new product establishment, monitoring of budget, and acquisition of resources. Executives compare the overall performance of the company to the standard marketing plan. They analyzed summary reports that compare standard performance or overall plan for productions (Panneersalvam, 2006, p.2). In addition, they are concerned with information on actual versus the budgeted embody of demerit rates and processing accounting data. Lastly, these executives concentrate in variance analysis of firing and hiring, cost of training, and cost of recruitment (Panneersalvam, 2006, p.2). These decisions can be considered as tactical as those only affect a case-by-case department in the company. These decisions are frequently made by middle managers, which include heads of the departments (Panneersalam, 2 006, p.2).Lastly, operational decisions are undertaken on the bottom management level. The operational decisions
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