An example of strategic decision making is
A) Pricing of a new product
B) Designing a products package
C) Determine the product size
D) Enter into a new market

Question

Quizplus · Accepted Answer

Entering into a new market requires strategic decision making as it involves evaluating factors such as competition, market demand, market size, and potential profitability. Pricing, package design, and product size decisions are tactical decisions that come after the strategic decision to enter the market has been made.

An Example of Strategic Decision Making Is