The directors of a company meet to decide if they should start a new product line or not. This is an example of a(n) ________ decision.
A) operational
B) strategic
C) managerial
D) procedural

Question

Quizplus · Accepted Answer

Strategic decisions are those that affect the overall direction and long-term goals of an organization. Starting a new product line would be a strategic decision as it involves significant investment and has the potential to impact the company's future success. Operational decisions involve day-to-day activities, managerial decisions involve management of resources and people, and procedural decisions involve implementing established processes or procedures.

The Directors of a Company Meet to Decide If They