Which of the following is a key difference between strategic decisions and managerial decisions?
A)Strategic decisions deal with the utilization of resources, whereas managerial decisions deal with day-to-day activities.
B)Managerial decisions concern organizational issues, whereas strategic decisions concern external issues.
C)Managerial decisions concern allocation and utilization of resources, whereas strategic decisions concern broad organizational issues.
D)Strategic decisions involve financial issues, whereas managerial decisions do not involve financial issues.

Question

Quizplus · Accepted Answer

The key difference between strategic decisions and managerial decisions is that managerial decisions concern the day-to-day allocation and utilization of resources (such as budgeting, staffing, and scheduling), whereas strategic decisions concern broader organizational issues, such as long-term goals, competitive positioning, and growth opportunities. While both types of decisions may involve financial considerations, they operate at different levels of the organization and address different sets of concerns.

Which of the Following Is a Key Difference Between Strategic