Question

Decisions which are concerned with policy matters and exercise fundamental influence on the Organizational decisions. Personal decisions. Routine decisions. Strategic decisions.

Answer 1

Answer:

The correct option is Strategic decisions. That is, decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as strategic decisions.

Explanation:

Note: This question is not complete as some words are omitted. The complete question is therefore provided before answering the question as follows:

Decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as ______________.

Organizational decisions.

Personal decisions.

Routine decisions.

Strategic decisions.

The explanation of the answer is therefore provided as follows:

Strategic decisions can be described as policy-related decisions that have a significant impact on organizational decision-making. They are decisions that have an impact across years, decades, and even beyond the project's lifespan. Therefore, strategic decisions are long-term decisions that affect the company's progress. A strategic decision is unlikely to be changed in the short term once it has been made.

In addition, strategic decisions affect the entire environment in which the organization operates, as well as the company's overall resources and people, as well as the interaction between the two.

Therefore, the correct option is Strategic decisions. That is, decisions which are concerned with policy matters and exercise fundamental influence on the objectives of the organization are called as strategic decisions.