Question

What kind of strategic decisions are taken by business organisations?
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Answer 1

hey!!!

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Major strategic decisions include whether the organisation will continue to be in the same line of business or combine new lines of activity with the existing business or seek to acquire a dominant position in the same market.

Following are a few strategic decisions which are taken by business organisations are:-

1.. Deciding about which line of business should be taken.

2.. Whether a new line of production should be adopted or not.

3..What position should the company aim for in the existing market.

4..What kind of pricing policy should be used.

5..Decisions regarding the advertising policy and costs.

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Answer 2

Hello Friend....❤️❤️

Ans

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The kind of strategic decisions are taken by Business organisations are as follows .

-----> strategic decisions on long term Complex decisions made by Senior management.

-----> this decision will affect the entire direction of the firm.

----> whether the company will continue the existing business ?

-----> whether the company will add some new products of the business ?

---->What were the product should be added to gain more profit of the company ?

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