Unlike an operating decision,a strategic decision probably will not have a big impact on the long-run profitability of the company.

Question

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A strategic decision can have a significant impact on the long-run profitability of a company as it involves important choices regarding the direction, focus, and resource allocation of the company. Examples of strategic decisions include entering new markets, diversifying products or services, or choosing a competitive positioning. Such decisions can shape the future growth and success of a company and require careful consideration and analysis.

Unlike an Operating Decision,a Strategic Decision Probably Will Not Have