Entering a New Industry Is an Example of _____ Decision

question 50

Multiple Choice

Entering a new industry is an example of _____ decision making.

• A) strategic
• B) tactical

---

Definitions:

Clique Formations

The process by which groups of individuals with similar interests, values, or backgrounds form exclusive groups within a larger community.

Rivalries

Competitive or antagonistic interactions or relationships between individuals, groups, or entities.

Oligarchy

A form of government where power effectively rests with a small number of people, often distinguished by royalty, wealth, family ties, or military control.

Concentrated Power

A situation where a significant amount of authority or power is held by a small number of individuals or organizations.