The responsibility for setting a company's mission, objectives, broad strategies, and policies primarily lies with its ________.
A) finance department
B) research department
C) top management
D) marketing managers
E) human resource managers

Question

Quizplus · Accepted Answer

Top management, which includes the CEO and other senior executives, is responsible for setting the overall direction and strategy of the company. This includes establishing the mission, goals, and policies that guide the company's operations. Other departments may contribute to the development of these strategies, but the ultimate responsibility lies with top management.

The Responsibility for Setting a Company's Mission, Objectives, Broad Strategies