An example of a strategic management decision is the establishment of a pricing policy for a new product.

Name: An example of a strategic management decision is the establishment of a pricing policy for a new product.
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Establishing a pricing policy is a key strategic management decision that can impact the success of a new product. It involves considering factors such as production costs, competition, and perceived value in order to set a price that will maximize profits and meet company objectives.

An Example of a Strategic Management Decision Is the Establishment