Strategic Decisions Are Decisions That Support Processes Concerning Broad-Scope, Organizational

question 20

True/False

Strategic decisions are decisions that support processes concerning broad-scope, organizational issues.

---

Definitions:

Visionary Leadership

Visionary leadership is a leadership style where the leader is able to articulate a compelling vision for the future, inspiring and motivating others to achieve long-term goals.

Budget

A plan that commits resources to projects or activities.

Vision

A future-oriented declaration of the organization's goals and aspirations, intended to guide its internal decision-making.

Corporate Strategy

The overall plan and direction devised by the management of a company to achieve long-term business objectives.