BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Top management is responsible for establishing policies, guidelines and strategic objectives, as well as for providing leadership and direction for quality management within the organization. It should also establish those responsible and hold them accountable for a wide variety of management system processes.

Detailed explanation-2: -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-3: -The CEO and executive team play a big role in setting the foundation of a strategic plan by creating guiding organizational principles, articulating the strategic areas of focus, and creating the long-term goals that guide the organization to create aligned goals and actions to achieve its vision of success.

Detailed explanation-4: -Strategic managers are the key planners, analyzers and risk leaders who establish strategic plans in a business. They also handle oversight and development of corporate strategies to support business growth and stability.

Detailed explanation-5: -The purpose of strategic planning is to set overall goals for your business and to develop a plan to achieve them. It involves stepping back from your day-to-day operations and asking where your business is headed and what its priorities should be.