Which of the following is a key difference between strategic decisions and managerial decisions?
A) Strategic decisions deal with the allocation and utilization of resources, whereas managerial decisions deal with day-to-day activities.
B) Managerial decisions concern organizational issues, whereas strategic decisions concern external issues.
C) Managerial decisions concern allocation and utilization of resources, whereas strategic decisions concern organizational issues.
D) Strategic decisions involve financial issues, whereas managerial decisions do not involve financial issues.
Correct Answer:
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