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:

Down Payment

An initial payment made when something is bought on credit, often expressed as a percentage of the total purchase price.

Buy Down

A financing technique where points are paid upfront by a borrower to reduce the interest rate on a loan.

Point Purchased

In finance, particularly in mortgage contexts, this refers to prepaid interest that the borrower opts to pay upfront in order to lower the interest rate on the loan.

Monthly Mortgage

A regularly scheduled payment that often includes both interest and principal, made by a borrower to a lender for the repayment of a home loan.