Which Two of the Following Are Benefits of Involving Middle

question 36

Multiple Choice

Which two of the following are benefits of involving middle managers in strategy formulation?

• A) It gives senior management more time to take more important decisions.
• B) It may improve implementation.
• C) It releases front line managers for activities relating to strategy implementation.
• D) They have direct experience of the realities of the organisation so may make better strategic decisions.

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Definitions:

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life to represent wear and tear over time.

Variable Costs

Expenses that directly fluctuate according to the volume of production or sales.

Labour Cost

is the total expenditure incurred by employers to compensate their employees, including wages, benefits, and taxes.

Raw Materials

Basic materials used in the production process of manufacturing goods, usually transformed into finished products.