What is executive decision meaning?

An executive decision refers to a decision made by a high-ranking executive or senior leader within an organization. This type of decision is often made in response to an urgent situation or crises that requires immediate action and is often made without consulting with lower-level employees. Executive decisions can be related to various business functions such as finance, human resources, marketing, or operations, and may have a significant impact on the overall direction and success of the organization. These decisions are typically made based on the executive's knowledge, experience, and expertise, as well as taking into account the organization's values, goals, and objectives.