An example of a strategic management decision is the selection of the product mix that maximizes profits.

Name: An example of a strategic management decision is the selection of the product mix that maximizes profits.
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Strategic management decisions are those that determine the direction and scope of an organization over the long term, with the aim of achieving its objectives. Choosing the optimal product mix is a key strategic decision as it has a significant impact on profitability.

An Example of a Strategic Management Decision Is the Selection