Vidyalelo
Commerce · Q262

Business and Commerce

Graduate and Post Graduate · Commerce · question 262

Q262

Overall and strategic planning is done by the ___________.

A.
Top management
Answer
B.
Middle level management
C.
Supervisory level management
D.
All of the above

Answer: Option A

Solution

Answer: Option A
Solution:
Overall and strategic planning is done by the Top management. Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees and other stakeholders are working toward common goals, establish agreement around intended outcomes/results, and assess and adjust the organization's direction in response to a changing environment.