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Strategic Decision-Making
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What is the correct sequence of steps in the strategic decision-making process?

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Learning Path
Learning Path

Question & Answer
1
Understand Question
2
Review Options
3
Learn Explanation
4
Explore Topic

Choose AnswerChoose the Best Answer

A

Define objectives → Analyze data → Evaluate alternatives → Select option

B

Analyze data → Define objectives → Select option → Evaluate alternatives

C

Evaluate alternatives → Define objectives → Analyze data → Select option

D

Select option → Evaluate alternatives → Define objectives → Analyze data

Understanding the Answer

Let's break down why this is correct

Defining objectives first tells the team what to aim for. Other options are incorrect because Misplacing the first steps confuses the goal; Starting with alternatives before a goal is like picking a gift without knowing who will receive it.

Key Concepts

Strategic decision-making process
Data analysis in decision-making
Evaluation of alternatives
Topic

Strategic Decision-Making

Difficulty

medium level question

Cognitive Level

understand

Deep Dive: Strategic Decision-Making

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Definition
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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