The decision to set up a new branch of the firm in an overseas country is part of:

Question

Quizplus · Accepted Answer

The decision to set up a new branch of the firm in an overseas country is a strategic decision, as it involves assessing the opportunities and challenges of entering a new market and determining the long-term goals for the company. Master budgeting and authoritarian budgeting are more tactical in nature and involve the allocation of resources and setting of short-term financial targets. Therefore, only option A is the best choice.

The Decision to Set Up a New Branch of the Firm