Monday, December 26, 2011

What are the dimensions of Strategic decisions?

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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