Which of the Following Is a Key Difference Between Strategic

question 51

Multiple Choice

Which of the following is a key difference between strategic decisions and managerial decisions?

• A)Strategic decisions deal with the utilization of resources, whereas managerial decisions deal with day-to-day activities.
• B)Managerial decisions concern organizational issues, whereas strategic decisions concern external issues.
• C)Managerial decisions concern allocation and utilization of resources, whereas strategic decisions concern broad organizational issues.
• D)Strategic decisions involve financial issues, whereas managerial decisions do not involve financial issues.

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Definitions:

Self-Direction

The ability or process of guiding oneself to accomplish objectives and goals based on personal judgment and motivation.

Conformity

The act of matching attitudes, beliefs, and behaviors to group norms, policies, or societal expectations.

Longitudinal Study

A research method that involves repeated observations of the same variables (e.g., people) over short or long periods of time to detect patterns, changes, and possibly predict future developments.

Genetic Factors

The aspects of an individual's genes or heredity that influence their characteristics, including physical traits, behaviors, and susceptibilities to certain conditions.