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

Question

Quizplus · Accepted Answer

The decision to start a new product line has long-term implications for the company and involves the allocation of resources towards a new strategic direction, thus making it a strategic decision. Operational decisions are concerned with day-to-day activities, managerial decisions are related to managing resources and people, and procedural decisions deal with the methods and processes used to accomplish tasks.

The Directors of a Company Meet to Decide If They