General Studies · Strategic Management
Which of the following best distinguishes strategic decisions from operational decisions?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Strategic decisions are confined to functional managers
- 2Strategic decisions involve long-term direction and significant resource commitment✓
- 3Strategic decisions are reversible and low-risk
- 4Strategic decisions are short-term and routine in nature
Correct answer
Strategic decisions involve long-term direction and significant resource commitment
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