Strategic decision
What Strategic decision means in Business A-Level, as defined for AQA.
Definition of Strategic decision
Check what you remember
Read the wording for your board, then hide it and explain Strategic decision in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A decision that commits large resources over years and is hard to unwind.
Topics that use Strategic decision
- Strategic decision making (A-level only) (AQA A-Level)
Related terms
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- Extrapolation
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- Investment appraisal of new technology
- opportunity cost
- Resistance and its cost to the business
Using Strategic decision in the exam
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