____ involves choosing among alternative strategies with the goal of selecting a strategy, or strategies, that provides a company with reasonable assurance of long-term growth and survival.
A)Strategic decision making
B)Strategic cost management
C)Competitive advantage
D)Customer value

Question

Quizplus · Accepted Answer

Strategic decision making involves the process of evaluating various options and selecting the most effective one that can lead a company towards long-term growth and success. It involves considering various factors, such as market trends, competition, customer needs, and internal capabilities, to make an informed and wise decision. Strategic cost management, competitive advantage, and customer value are all important concepts in strategic decision making, but they are not the primary goal of the process.

____ Involves Choosing Among Alternative Strategies with the Goal of Selecting