Strategic Plans

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Questions and Answers

Which level of management is responsible for strategic plans?

  • Front-line managers
  • Top-level managers (correct)
  • Supervisors
  • Middle managers

What is the scope of strategic plans?

  • Broad and organization-wide (correct)
  • Limited to a department
  • Focused on short-term goals
  • Narrow and specific

Who is responsible for creating strategic plans?

  • Top-level managers (correct)
  • Shareholders
  • Board of Directors
  • Front-line employees

Which level of management is responsible for creating strategic plans?

<p>Top-level management (D)</p> Signup and view all the answers

Who has the ultimate responsibility for strategic plans?

<p>All of the above (D)</p> Signup and view all the answers

What is the primary characteristic of strategic plans?

<p>They apply to the entire firm (B)</p> Signup and view all the answers

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