What Is a Tactical Decision

question 100

Multiple Choice

What is a tactical decision?

• A)an often small-scale action that serves a larger purpose
• B)a small decision with little impact on the business
• C)a long-run decision that has an immediate impact
• D)a decision made by a lower-level manager

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Definitions:

Claim Arose

The point in time at which the facts or circumstances that give rise to a legal claim occurred or were identified.

Accountant-Client Privilege

A legal privilege that works to keep confidential communications between an accountant and their client protected from disclosure, similar to attorney-client privilege.

Statutory Law

Law enacted by a legislative body, such as Parliament or Congress, distinct from case law or common law.

Common Law

A body of law developed through court decisions and case law, rather than through legislative statutes or executive action.