Management
LA-1
The strategic decision making of the business plays an important role in the success and sustainability of the business in a long run. There are certain elements which affect the strategic decision making of the business such as shareholders, government, financial signals and all other important stakeholders. However, only the directors of the business have the power of making and implementing the strategic decisions of the business. The directors of the business are the individuals who are in a position to direct the business in a most favorable ways. Therefore, in the strategic decision making of the business, the directors ...