“Level 1 & 2 Decisions” refer to different types of decisions that businesses and organisations may need to make in order to achieve their goals. Level 1 decisions are typically high-impact and long-term, and may involve significant resources or commitments. Level 2 decisions are typically lower-impact and shorter-term, and may involve smaller investments or commitments. In product management, understanding the different types of decisions that need to be made, and the level of impact or resources they require, can be a useful tool for prioritising and managing work.