Tag (SQ): business scope

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BMIS – L1 – SA – Q5.4 – Introduction to business strategy

Characteristics defining a strategic decision.

Which THREE of the following characteristics would define a decision as being strategic in nature?

A   The decision will have implications for operational decisions

B   The decision concerns the allocation of resources

C   The decision concerns competitive tactics

D   The decision concerns the implementation of a business’s plans

E   The decision concerns the scope of a business’s activities

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