An executive decision system is a software system that helps executives make data-driven decisions by providing them with access to relevant data and analytics.
The five major strategic decision-making areas are product strategy, marketing strategy, financial strategy, operational strategy, and human resource strategy.
The 10 strategic decisions in operations management are product design and development, capacity planning, location strategy, layout strategy, human resource and job design, supply-chain management, inventory management, scheduling, maintenance, and quality.
The three main characteristics of strategic decisions are that they are long-term, complex, and have a significant impact on the organization's direction and success.