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:

Sophisticated Analytics

Involves the use of advanced methods and technologies to interpret and derive meaningful insights from data.

Google

is a global technology company primarily known for its search engine, along with various other internet services and products.

Facebook

A social networking site that allows registered users to create profiles, upload photos and videos, send messages, and keep in touch with friends, family, and colleagues.

Crowdsourcing

The practice of obtaining input or information from a large number of people, typically via the Internet, to solve problems, gather information, or generate new ideas.