Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
Short-term execution
B
Financial analysis
C
Organizational culture
D
Market research
Understanding the Answer
Let's break down why this is correct
Answer
Strategic decision‑making is to long‑term planning as tactical decision‑making is to short‑term or operational planning. Strategic choices set the overall direction and goals for many years, while tactical choices decide how to use resources and actions in the near future to achieve those goals. For example, a company might decide to enter a new market (strategic) and then schedule weekly marketing pushes and inventory orders (tactical) to support that entry. Thus, tactical decisions align with the immediate, detailed plans that keep the strategy on track.
Detailed Explanation
Strategic decisions set the overall direction of a company. Other options are incorrect because Some think tactical decisions involve looking at money data, but that is a tool used in many decisions; People sometimes think culture is the tactical counterpart, but culture is the backdrop for all decisions.
Key Concepts
Strategic Decision-Making
Tactical Decision-Making
Organizational Goals
Topic
Strategic Decision-Making
Difficulty
medium level question
Cognitive Level
understand
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Question 3Strategic decision-making is to long-term planning as tactical decision-making is to what?
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Question 4In strategic decision-making, why is it crucial to consider long-term implications over short-term gains?
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Question 5In strategic decision-making, why is it crucial to consider long-term implications over short-term gains?
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