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Strategic Plans
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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</p> Signup and view all the answers

    Who has the ultimate responsibility for strategic plans?

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

    What is the primary characteristic of strategic plans?

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

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