Which of the Following Is a Strategic Decision

question 18

Multiple Choice

Which of the following is a strategic decision?

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

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Definitions:

Networks

Systems of interconnected people, devices, or organizations for sharing information and resources.

High-Tech Firm

A company specializing in the development, production, and sale of advanced technological products or services, often in fields like information technology, biotechnology, or engineering.

Data Analysis

The process of systematically applying statistical or logical techniques to evaluate and interpret data.

Workforce

The group of people who are available for work, either in a specific region or in the overall economy.