alleryStart learning →Which managers make up the highest level of a firm and develop its strategic plans?
ASupervisory or first-line managers
BDepartmental and division managers
CRegional and area sales managers
DChief executives and vice presidents
Answer & Solution
Correct answer: D. Chief executives and vice presidents
1. Top management is the highest level of managers in the pyramid.
2. It includes chief executive officers, presidents, and vice presidents.
3. These managers develop the strategic plans and address long-range issues such as which industries to compete in.
4. Departmental and regional sales managers sit in middle management, and supervisors sit at the base, so none of them belongs at the top.
5. The fewest managers are found at the highest level of the pyramid.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 6 "Management and Leadership in Today's Organizations", section Key Terms_
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