Learning Path
Question & Answer
Choose the Best Answer
Analyzing data
Relying solely on intuition
Considering long-term implications
Evaluating alternatives
Ignoring stakeholder input
Understanding the Answer
Let's break down why this is correct
Using facts gives clear evidence about the situation. Other options are incorrect because Some people think only gut feeling is enough, but this misses hidden facts that can change the outcome; Skipping what others think removes useful ideas that can improve a plan.
Key Concepts
Strategic Decision-Making
easy level question
understand
Deep Dive: Strategic Decision-Making
Master the fundamentals
Definition
Strategic decision-making involves evaluating alternatives and selecting the best course of action to achieve organizational goals. It requires analyzing data, forecasting outcomes, and considering long-term implications. Effective strategic decision-making is essential for sustainable growth and competitive advantage.
Topic Definition
Strategic decision-making involves evaluating alternatives and selecting the best course of action to achieve organizational goals. It requires analyzing data, forecasting outcomes, and considering long-term implications. Effective strategic decision-making is essential for sustainable growth and competitive advantage.
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