GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Top management level
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Middle management level
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Lower management level
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None of the above
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Detailed explanation-1: -True. Planning reduces creativity as planning is done by top management. Middle and lower level management are neither allowed to deviate from plans nor permitted to act on their own.
Detailed explanation-2: -Strategic Planning It starts at the highest level with defining a mission and casting a vision.” Strategic planning includes a high-level overview of the entire business. It’s the foundational basis of the organization and will dictate long-term decisions.
Detailed explanation-3: -Top level management performs the function of planning.
Detailed explanation-4: -To lay down organisational goals, policies and strategy formulation. Organising, controlling and monitoring the activities. Resource allocation. Approval of budget. Overall control of work performance. 19-Apr-2020