The directors of a company meet to discuss a possible merger with one of the company's competitors. Here, the directors have to make a(n)________ decision.
A) operational
B) strategic
C) procedural
D) managerial

Question

Quizplus · Accepted Answer

A strategic decision is a high-level decision that affects the long-term direction of a company. The decision to merge with a competitor is a strategic decision as it would have a major impact on the company's future. Operational decisions are related to day-to-day activities, procedural decisions involve established policies and procedures, and managerial decisions are related to the management of resources and employees.

The Directors of a Company Meet to Discuss a Possible