Which of the following involves choosing among alternative strategies with the goal of selecting a strategy or strategies that provides a company with reasonable assurance of long-term growth and survival?

Question

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Strategic decision making involves making decisions about the future direction of the company, choosing among alternative strategies, analyzing the external environment, and assessing internal capabilities. The goal is to select a strategy that provides the company with reasonable assurance of long-term growth and survival. Strategic cost management, competitive advantage, and customer value are all important considerations in strategic decision making, but they are not the primary focus.

Which of the Following Involves Choosing Among Alternative Strategies with the Goal