Strategic Decision
Long-term, major-impact decision affecting business direction.
Real World
Apple's 2007 decision to enter the smartphone market was a strategic decision — it committed billions in R&D, was largely irreversible, and fundamentally changed the company's direction.
Exam Focus
For 'evaluate' questions, weigh why a decision qualifies as strategic (scale, reversibility, resource commitment) against alternatives.
How well did you know this?