Which Level of Management Sets General Policies,formulates Strategies,approves All Significant

question 68

Multiple Choice

Which level of management sets general policies,formulates strategies,approves all significant decisions,and represents the company in dealings with other firms and with government bodies?

• A) operations managers
• B) production managers
• C) top managers
• D) middle managers
• E) first-line managers

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Definitions:

Human Contact

The interaction between individuals, providing social and emotional support.

Work Sharing

a strategy designed to reduce unemployment or workload for individuals by distributing tasks among a larger group, thereby also potentially reducing working hours for each participant.

Seniority

The concept of giving priority or advantages in a workplace based on the length of service or time an individual has been in a position.

Reduced Earnings

A decrease in the net income that a company generates over a defined period compared to past performances.