Question : Assertion: Lower-level management is responsible for creating long-term strategic plans.
Reason: They have a better understanding of the organization's day-to-day operations.
Option 1: Both assertion and reason are correct, and the reason explains the assertion.
Option 2: Both assertion and reason are incorrect.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.
Correct Answer: The assertion is incorrect, but the reason is correct.
Solution : The correct answer is (d) The assertion is incorrect, but the reason is correct.
The assertion that lower-level management is responsible for creating long-term strategic plans is incorrect. Strategic planning is typically the responsibility of senior leadership, such as the CEO, executive team, and board of directors. Lower-level management may be involved in the planning process, but they are not primarily responsible for creating the strategic plan.
The reason given for the assertion, that lower-level management has a better understanding of the organization's day-to-day operations, is correct. However, this does not mean that they are better equipped to create long-term strategic plans. Strategic planning requires a broader perspective, including consideration of the organization's mission, vision, values, and external environment. Senior leadership is better positioned to take this broader perspective and to develop a strategic plan that will guide the organization over the long term.
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