Understanding and addressing the environment of a business has traditionally been the purview of
A) supervisors
B) stockholders
C) workers and line managers
D) stakeholders
E) top managers

Question

Quizplus · Accepted Answer

Understanding and addressing the environment of a business is a strategic function that requires a holistic view of the internal and external factors that affect the organization. Top managers are primarily responsible for setting the direction and goals for the organization, and therefore must have a deep understanding of the business environment. While other stakeholders may have specific concerns or interests in the environment, it is the top managers who must integrate these into the overall strategy of the organization.

Understanding and Addressing the Environment of a Business Has Traditionally