Strategic Decision-Making
/ˈstrætɪdʒɪk dɪˈsɪʒən ˌmeɪkɪŋ/
Definitions
- (n.) The process of making decisions that define an organization's long-term goals, policies, and actions, often involving legal considerations of compliance, risk management, and governance.
Strategic decision-making is crucial for ensuring corporate compliance with regulatory frameworks.
Forms
- strategic decision-making
Related terms
See also
Commentary
In legal contexts, strategic decision-making emphasizes due diligence to mitigate liability and uphold fiduciary duties.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.