Which of the following is a strategic decision?
A) Should we extend credit to a customer?
B) Determining next year's IT budget
C) What wage should we pay a particular employee?
D) Should our firm acquire a competing firm?
E) Which invoices should be paid today?

Question

Quizplus · Accepted Answer

Strategic decisions are those that impact the long-term direction and success of the organization. Acquiring a competing firm is a strategic decision as it can significantly impact the organization's growth, market share, and competitive advantage. The other choices are more operational or tactical decisions that do not have a significant impact on the organization's long-term success.

Which of the Following Is a Strategic Decision