What makes strategic decisions different

Decisions are what made us from apes. From creating fire and the wheel to supercomputers and supersonic jets, decisions are everywhere; they regularly evolves and diversifies proportionately from our growing intellect. In today’s world, successfulness of any business depends on how well decisions it makes. From SMEs to a huge MNC a single decision could be proven fatal or elixir for business. Decisions are inevitable, they cannot be avoided. As the newer technologies are introduced, most of the time it completely replaces the older technology, therefore it is only logical to consider the last twenty years because only the technology at this timeframe has mostly affected the communication inside and outside of businesses, as they are known today. It is communications of a business that is what makes business distinguishable from the rest of the others; it basically gives a business its identity.
Although the purpose of decision making is to obtain an outcome that will solve the overall problem, and affect the decision maker in a positive way , but as perfection is hard to achieve in this world, there is always negative side of things, this. These negative impacts can be created both knowingly and unknowingly at a time when a new decision is made. Unfortunately these negative influences cannot be fully minimised, but eventually a good decision making from executive level to employee level will make the business can thrive successfully in the competition. SMEs and Big businesses are the backbone of the any nation’s economy. which will affect our lives directly or indirectly so it is mandatory for every one of us to have a better understanding of this topic. What can be found out about this topic can be used to accelerate the improve...

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...o make a decision that would be proven be best for business. And at very unlikely event sacrifices has to be done when facing a dilemma. Many things can be improved and many cannot.
As this debate is never ending, and as time passes. Newer form technologies and innovations in these type of theories, which would prove to be a breakthrough, are constantly being upgraded; newer and more efficient means and format of decision making will emerge, overcoming certain barriers in the way, Indicates that someday most of the negative outcomes for the business will perish, keeping positive sides still intact, by some sort of convergence between ideas, theories and technologies like artificial intelligence. Making a smarter future where all the elements of business decision making, fitting in perfectly with everything and balancing out unity inside and outside of businesses.