The decisions concerning an organization's goals and future plans are called
A)financial decisions.
B)tactical decisions.
C)strategic decisions.
D)operational decisions.

Question

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Strategic decisions are the decisions that involve setting the long-term direction and goals of an organization, determining the resources needed to achieve those goals, and creating a plan for how to allocate those resources. These decisions are made by top-level management and are intended to guide the organization's overall strategy and direction. Financial decisions (A) are focused on managing the organization's financial resources, tactical decisions (B) are focused on implementing the overall strategy and achieving short-term goals, and operational decisions (D) are focused on managing day-to-day activities to achieve the organization's objectives.

The Decisions Concerning an Organization's Goals and Future Plans Are