Strategic decision refer to
A) the allocation and utilization of resources.
B) broader-scope, organizational issues.
C) day-to-day activities.
D) transactions details.
E) an understood and accepted method for making decisions.

Question

Quizplus · Accepted Answer

Strategic decisions are focused on broader-scope, organizational issues such as long-term goals, market positioning, and resource allocation. They are made at the highest level of the organization and have a significant impact on the overall direction and success of the business. Choices A, C, and D refer to operational or tactical decisions, while choice E describes a decision-making process rather than a type of decision.

Strategic Decision Refer to