Several types of strategic decision
• mission – a statement to give the overall aims of
the organisation;
• corporate strategy – which shows how a
diversified corporation will achieve its mission;
• business strategy – which shows how each
business within a diversified corporation will
contribute to the corporate strategy;
• functional strategies – which describe the
strategic direction of each function, including
logistics.
Several types of strategic deci
• Operational decisions are the most detailed and
concern activities over the short term; they
involve few resources and little risk