Question : Statement 1: Lower-level management is responsible for creating long-term strategic plans.
Statement 2: Lower-level management is responsible for overseeing day-to-day operations.
Option 1: Both statements are true
Option 2: Both are incorrect
Option 3: Statement 1 is true, and Statement 2 is false.
Option 4: Statement 1 is false, and Statement 2 is true.
Correct Answer: Statement 1 is false, and Statement 2 is true.
Solution : The correct answer is (d) Statement 1 is false, and Statement 2 is true.
Statement 1 is false because lower-level management is not typically responsible for creating long-term strategic plans. Strategic planning is usually the responsibility of top-level management, such as executives and senior leaders.
Statement 2 is true because lower-level management is often responsible for overseeing and managing day-to-day operations, ensuring that tasks and activities are carried out efficiently and effectively.