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1. Which of the following statements is true about the middle management in the context of levels of management?

a) It comprises the president and other top executives, such as the chief executive officer and chief financial officer.

b) It comprises positions such as foreman, supervisor, and office service manager.

c) It involves taking the overall responsibility of a company.

d) It is responsible for tactical planning that will implement the general guidelines established by top management.

e) It deals with the supervision of workers and the daily operations of the organization exclusively.

2. A(n) _____ manager is responsible for planning, pricing, and promoting products and making them available to customers through distribution.

a) HR

b) financial

c) marketing

d) IT

e) administrative

3. Implementing, maintaining, and controlling applications in business, such as computer networks, is the responsibility of:

a) production and operations management.

b) personnel management.

c) financial management.

d) information technology management.

e) administrative management.

4. _____ plans establish long-range objectives and an overall course of action by which a firm fulfills its mission.

a) Tactical

b) Intermediate

c) Operational

d) Contingency

e) Strategic

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M91720496

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