Question
Which of the following is not a feature of a strategic decision?
Solution
Strategic decisions are important which affect objectives, organisational goals and other important policy matters. These are taken by the top management and are non-repetitive in nature, have long term horizon, are future oriented and centralised.
More Introduction of Decision Making Questions
- As per Herbet Simon’s bounded rationality theory, the decision made is ______ in nature.
- Which type of decision is typically routine and repetitive, often governed by rules and policies?
- Which of the following is not a feature of Decision-making process?
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- Why is it necessary to eliminate other solutions in the decision-making process?
- The __________ management function is most closely related to decision making.
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- Which of the following is the last step in decision making?
- What is the first step in the decision-making process?
- As per the behavioural theory of decision making by Herbert Simon, there are three essential stages in the act of problem solving and decision making. What...