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.
Question : Statement 1: Top-level management is responsible for day-to-day operations.
Statement 2: Top-level management is responsible for setting organizational objectives and formulating policies.
Question : Which level of management is responsible for the day-to-day operations and supervising employees?
Question : Statement 1: The management principles used in multinational companies are the same as those used in domestic companies.
Statement 2: Multinational companies require different management principles due to their diverse operations.
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.
Question : Which level of management is responsible for making decisions about the day-to-day operations of the organization?
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