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Questions and Answers
What is the responsibility of managers at the operational level?
What is the responsibility of managers at the operational level?
- Deciding on the business strategy
- Executing corporate and business-level plans (correct)
- Developing functional strategies
- Creating corporate-level plans
In strategic management, what does the top-down approach to decision making involve?
In strategic management, what does the top-down approach to decision making involve?
- Executing functional level strategies
- Giving decision-making power to all teams across different levels
- Drawing ideas and plans at the business level
- Making decisions solely by leadership at the corporate level (correct)
What is the role of the business level in strategic management?
What is the role of the business level in strategic management?
- Executing functional strategies
- Drawing ideas and plans to achieve corporate goals (correct)
- Making decisions at the corporate level
- Developing strategies for business functions
