Answer :
Decisions at the strategic level, made by top executives or boards of directors, can significantly impact an entire organization and its industry, evident in historical examples like Enron's collapse and the trading of mortgage-backed securities.
Decisions at the strategic level can have widespread effects throughout the organization and beyond, to suppliers, customers, and even the whole industry. Strategic decisions set the course of an organization and are typically made by top executives or boards of directors. These decisions are pivotal and can result in significant changes within the organization, influence operational and tactical decisions, and may even impact the overall industry. Examples of the ramifications of strategic decisions include major corporate events, such as the collapse of Enron, which led to significant financial losses and employee layoffs, and the mortgage-backed securities trading that negatively affected the entire United States economy.