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An Example of a Strategic Management Decision Is the Decision

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An example of a strategic management decision is the decision to outsource a particular value-chain function.


Definitions:

Per Capita Income

A measure of the average income earned per person in a certain area in a specified year.

Economic Forces

Fundamental market pressures that influence the supply, demand, and pricing of goods and services within an economy.

Multinational Companies

Are corporations that operate in multiple countries aside from their home country, managing production or services across international borders.

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