What are the different levels of decision making

What are the different levels of decision making?

Different levels of decision making also need to be examined along with various phases of capital budgeting. There are three levels of decision making and they are operating, administrative and strategic. The three levels of decision making can be applied to capital budgeting decisions. For eg:

Operating capital budgeting decision : Minor office equipment

Administrative capital budgeting decision : Balancing equipment

Strategic capital budgeting decision : Diversification project