Answer: Strategic decision
Explanation:
Strategic decision are the conclusion that are made in organization and business regarding the complete operating surroundings of business, employees, activities, strategy etc.It copes the operation of firm with the environment ,advantage, competitive scenario to have long term goals .
According to the question, Picks and Axes are involved in strategic decision making by opting to open retail stores of hiking boots in prime area of city so that their internet sales can also improve.Thus, the are making the decision with the long terms vision by considering the component of the company.