A DISCUSSION ON RANGE OF DECISIONS TO BE TAKEN (AC1.1)
Many may start a business as natural-born entrepreneurs with good ideas which might later turn into a good investment. Many people have reasons of wanting to create their own business, as some seek to make more money, some may look at having a flexibility in life and others may consider having their own business due to job loses.
In this context, will assume, due to the many years of experiences and skills that has been acquired as a manager for a large multinational chain business enhances the need to own a business and make money by implementing those skills has be necessary. Owning a business can provide more reward in life, but requires careful planning to succeed, therefore the need to take into account certain decisions for the business to function to be able to reach it's targeted audience for market niche. “organisations need a great many decisions to be made. Decisions are required so that an organisation can function,adapt,progress and take advantage of opportunities and overcome crisis”(Jennings&Wattam,decision making,1994,1998,pge2)

In a proposed given managerial activities in a production environment are three major concepts, that needs to be implemented for a successful function in a business and these are know as, strategic planning, tactical planning and operational planning. Strategic (or long-term) decisions is of relevance to production area with importance to interactions with other functional areas in which products to be produced, at which cost, quality, quantity to be delivered and the flexibility to compete are made by the top level managers to affect and to shape the aims and ethos of the business. Similarly, it also can be taken into account where to locate facilities, what production equipment to be use,raw materials, cost of labour and long-term choices materials