Strategic decisions ostensibly commit the firm for

Related MCQs

• SBU (strategic business unit) is a unit that is usually responsible for its own budgeting, new product decisions, hiring decisions, and price setting.
• identifies a firm’s major competitors and their particular strengths and weaknesses in relation to a sample firm’s strategic position.
• Strategic management involves the , directing, and controlling of a company’s strategy-related decisions and actions.
• Strategic issues require which level of management decisions?
• Strategic decisions are based on what managers , rather than on what they
• ------------ strategy occupies the highest level of strategic decision making and covers actions dealing with the objective of the firm, acquisition and allocation of resources and coordination of strategies of various SBUs for optimal performance.
• Internal analysis enables a firm to determine what the firm:
• An external analysis enables a firm to determine what the firm:
• is/are the source of a firm’s , which is/are the source of the firm’s
• Which of the following is not a characteristic of strategic Management?