Which of the Following Maintains the Ultimate Responsibility for Strategy

question 31

Multiple Choice

Which of the following maintains the ultimate responsibility for strategy within an organization?

• A) senior management
• B) lower-level managers
• C) mid-level executives
• D) employee teams

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Definitions:

Legal Agent

A person authorized to act on behalf of another person or entity in legal or financial matters.

Payment

The transfer of money or goods from one party to another as compensation for receiving goods, services, or to fulfill a legal obligation.

Acceptance of Goods

The act of receiving a product or service and agreeing that it meets the contractual specifications and requirements.

Environmentally Preferable Purchasing (EPP) Program

A procurement policy that emphasizes buying products and services with a reduced environmental impact.