Strategic decisions are those which:
A) Only involve senior managers
B) Seek to move the whole organisation towards its overall long-term goals
C) Require the input of external consultants and management accountants.
D) Define the position of a business unit with respect to its operational capabilities

Question

Quizplus · Accepted Answer

Strategic decisions are those that seek to move the entire organization towards its overall long-term goals. They are typically made by senior managers but may also involve input from external consultants and management accountants. Strategic decisions define the position of a business unit with respect to its operational capabilities, but they go beyond that to consider the organization as a whole. Therefore, B is the best answer.

Strategic Decisions Are Those Which