ExpertEasy2 marksMultiple Choice
The nature, source and purpose of management informationArea ANature of InformationStrategic Planning
ACCA · Question 01 · The nature, source and purpose of management information
Section A
Global Wildlife Trust, an international NGO, is deciding whether to expand its conservation efforts into a new continent over the next five years.
Which level of management information is primarily required for this decision?
Section A
Global Wildlife Trust, an international NGO, is deciding whether to expand its conservation efforts into a new continent over the next five years.
Which level of management information is primarily required for this decision?
Answer options:
A.
Operational information
B.
Tactical information
C.
Strategic information
D.
Statutory information
How to approach this question
Identify the time horizon and scope of the decision. A 5-year continental expansion is a long-term, high-level decision, which requires strategic information.
Full Answer
C.Strategic information✓ Correct
Management information is categorized into strategic (long-term, senior management), tactical (medium-term, middle management), and operational (short-term, front-line management). Expanding into a new continent over five years is a strategic decision.
Common mistakes
Confusing strategic with tactical information.
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