GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -The top managers in a business are involved in planning, but first-level managers such as supervisors are not. Effective planning is less important to the success of a business than other management functions, such as organizing, implementing, and controlling.
Detailed explanation-2: -Top Level Management The top-level management generally comprises Chief Executive Officers, Chief Operating Officers and also all the major shareholders and board members.
Detailed explanation-3: -Strategic planning starts with the top management. Then, the middle management focuses on tactical planning to achieve the goals defined through strategic planning. While goals are set on the top and middle levels, the daily activities are important to plan.
Detailed explanation-4: -What do first-line managers do? First-line managers are primarily responsible for overseeing a department or team of employees. In a general sense, they make sure that their team fulfills the daily and overarching goals of a given organization.