Dimensions of strategic decisions:
The strategic decisions consist of some
dimensions. The dimensions of the strategic decisions are given below –
- Strategic issues require top management decisions,
- Strategic issues involve with the allocation of large amount of company resources,
- Issues those are likely to have a significant impact on the long term prosperity of the firm,
- Strategic issues usually have major multifunctional or multi-business consequences, and
- Strategic issues necessitate considering factors in the firms external environment.
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