Which of the Following Is a Strategic Decision

question 27

Multiple Choice

Which of the following is a strategic decision?

• A)Determining next year's IT budget
• B)Should we extend credit to a customer
• C)Which invoices should be paid today
• D)Should our firm acquire a competing firm
• E)What wage should we pay a particular employee

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Definitions:

Thin Slices

Rapid assessments or judgments made based on a very brief exposure to a slice of behavioral or situational information.

Stereotypes

Oversimplified generalized images or ideas held about a group of people, leading to categorization based on those perceptions rather than individual characteristics.

Personal Attributions

The process of ascribing causes to one's own behavior and outcomes, highlighting the influence of internal factors.

First Impressions

The initial thoughts, feelings, or perceptions one forms about someone or something upon first encountering them.