A major difference between strategic and operating decisions is that the former focus on the long-term policies of the firm, whereas operating decisions focus on the short-term use of resources.

Question

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Strategic decisions are made with a long-term perspective, such as developing new products or entering new markets. Operating decisions, on the other hand, deal with the day-to-day operations of the company and focus on the short-term use of resources to achieve specific goals.

A Major Difference Between Strategic and Operating Decisions Is That