23. When making business decisions, managers must consider both _________________________ and ______________________________________ factors. 24. Sometimes, a manager must make a decision, though a very good alternative is not available. Doing so is called _________________________________. 25. The decision-making technique that involves the collective thoughts and ideas of many of the companys stakeholders is known as ___________________________________. 26. For a plan to be a business strategy, the results of implementing the plan must... a. Be of great importance to the company/division/department b. Be tactical in nature: win each battle to win the war! c. Have a long-term impact on the company/division/department d. Be implemented by senior and mid-lev