strategic decision |
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Definition
Chosen alternative that affects key factors which determine the success of an organization's strategy. In comparison, a tactical decision affects the day-to-day implementation of steps required to reach the goals of a strategy.
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strategic decision is in the Decision Making, Problem Solving, & Strategy and Entrepreneurship, Management, & Leadership subjects.
strategic decision appears in the definitions of the following terms: adaptive mode, management information system (MIS) and entrepreneurial mode
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