BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -On the other hand, strategic decisions are the important decisions of the firm. These are usually taken by upper and middle-level management. They usually relate to the policies of the firm or the strategic plan for the future. Hence such decisions require analysis and careful study.

Detailed explanation-2: -The decision-making process at the level of top management: Given the goals of the firm and the resources available, the allocation of these resources to the various departments is decided by the top management and is implemented by the budget.

Detailed explanation-3: -Top management is made up of senior-level executives of an organization, or those positions that hold the most responsibility. Jobs titles such as Chief Operating Officer (COO), Chief Executive Officer (CEO), Chief Financial Officer (CFO), President, or Vice President are commonly used by top managers in organizations.