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:

Environmental Analysis

The process by which a company identifies and assesses external environmental factors that could affect its operations, performance, or strategy.

Artificial Intelligence

The simulation of human intelligence in machines that are programmed to think and learn like humans.

Cloud

A technology that allows for the storage, access, and management of data over the internet instead of on local servers or personal computers.

Data Visualization

The technique of using visual elements like charts, graphs, and maps to represent and interpret complex data.