1.

What kind of strategic decisions are taken by business organisations?

Answer»

SOLUTION :  

Kind of Strategic DECISIONS taken by business organisations are  :

(i) Whether the business should continue with EXISTING product .

(ii) Make changes in the existing product.  

(iii) Defer the product.

(iv) Launch new product .

(v) ENTER the new market .

 

★★Strategy helps to define the organisations scope and direction the long run. strategy is formed on the basis of changes occurring in business environment.

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