Identify a key difference between managerial decisions and operational decisions. Group of answer choices Operational decisions have broad scope, whereas the scope of managerial decisions is limited by day-to-day activities. Managerial decisions deal with the allocation of resources, whereas operational decisions deal with the utilization of resources. Managerial decisions concern the allocation of resources, whereas operational decisions concern day-to-day activities. Managerial decisions are corporate decisions, whereas operational decisions concern the utilization of resources.