Unlike an Operating Decision, a Strategic Decision Probably Will Not

question 102

True/False

Unlike an operating decision, a strategic decision probably will not have a big impact on the long-run profitability of a company.

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Definitions:

Tightwad

Refers to a person who is extremely unwilling to spend money; often perceived negatively.

Social Stratification

A system by which a society ranks categories of people in a hierarchy based on factors like wealth, income, race, education, and power.

Employee Discrimination

Unfair treatment of employees based on race, gender, age, religion, disability, or any other characteristic, rather than their merits or abilities.

Company Favouritism

The practice of giving unfair preferential treatment to one's own company or specific employees within it.