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Strategic Management
Which of the following are responsible for formulating and developing realistic and attainable strategies? a. Corporate level and business level managers b. Corporate level and functional level managers c. Functional level managers and business level managers d. Corporate level managers, business level managers and functional level managers The answer is (d). But if I were to bifurcate the question and ask: Q1) Which level manager is responsible for formulating realistic strategies? Q2) which level manager is responsible for developing those strategies? What will be the answer for above two questions? Answer 1) Corporate Answer 2) Business/Divisional and Functional Right?
Answers (2)