Within the BCG Matrix, which Strategic Business Unit (SBU) generates high revenues but requires heavy financial investment to maintain its dominant market leadership position in a rapidly growing market?

Which of the following statements are correct regarding strategic level decisions? A. They are characterised by high levels of risk and uncertainty and are difficult to reverse once implemented. B. They address routine processes and are highly structured and repetitive in nature. C. They are made by top-level management, such as the Board of Directors and the CEO, and affect the entire organisation. D. They bridge the gap between high-level strategic direction and day-to-day operational execution. Choose the most appropriate answer from the options given below:

What is the typical time horizon covered by strategic management, reflecting its long-term orientation rather than day-to-day operational decisions?