BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

PRINCIPLES AND PRACTICE OF MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Long term strategic planning is the responsibility of
A
Top Managers
B
Middle managers
C
Low level managers
Explanation: 

Detailed explanation-1: -Top managers are ultimately responsible for the long-term success of the organization. They set long-term goals and define strategies to achieve them.

Detailed explanation-2: -The Manager of Strategic Planning will develop and direct the strategic and long-range goals of the organization including proposals to enter new markets and to expand existing market presence.

Detailed explanation-3: -A top-level manager is responsible for creating and implementing organizational plans and policies and is a professional who is at the executive level. They work as a negotiator between the top-level and lower-level managers. These professionals can work to guide the overall direction of an organization.

Detailed explanation-4: -Senior Leadership & Management When it comes to strategic planning, senior leaders and managers-such as the CEO, executive team, and board of directors-set the early stages in motion by determining their organization’s vision and the guiding principles behind its mission, ethos, and operational goals.

There is 1 question to complete.