Question : Which level of management is responsible for setting organizational goals and making strategic decisions?
Option 1: Top-level management
Option 2: Middle-level management
Option 3: Lower-level management
Option 4: Operational management
Correct Answer:
Top-level management
Solution : The correct answer is (a) Top-level management
Top-level management, also known as senior management or executive management, consists of high-level executives such as CEOs, presidents, and vice presidents. They are responsible for establishing the overall direction, vision, and goals of the organization. Top-level managers make strategic decisions that affect the long-term success and sustainability of the organization. They are focused on strategic planning, policy-making, and ensuring that the organization is aligned with its mission and objectives.
