Which of the following is true with respect to strategic decisions?
A)Each strategic decision is independent of other decisions.
B)Master production scheduling and material requirements planning are examples of strategic decisions.
C)In the hierarchy of decisions,strategic decisions follow operational decisions.
D)Strategic decisions are long-term in nature.

Question

Quizplus · Accepted Answer

Strategic decisions are long-term in nature and often involve setting the organization's direction or determining its overall goals and objectives, such as entering new markets or developing new products. They are distinct from operational decisions, which are focused on the day-to-day activities of the organization, and tactical decisions, which bridge the gap between strategic and operational decisions. Master production scheduling and material requirements planning are examples of operational and tactical decisions, respectively. Strategic decisions are also typically interdependent, meaning that they are made in the context of other decisions and must be consistent with the overall vision and goals of the organization.

Which of the Following Is True with Respect to Strategic