what level of management consists of the president and other key company executives who develop strategic plans?

3 days ago 4
Nature

The level of management that consists of the president and other key company executives who develop strategic plans is known as top-level management or strategic management. This level includes senior executives such as the president, CEO, CFO, COO, and other C-suite executives. Their primary responsibilities involve setting the overall direction of the company, defining its vision, mission, and long-term goals, and making major organizational decisions. They develop strategic plans to guide the entire organization and allocate resources accordingly

. Top-level management is accountable for the company's overall success and often represents the organization externally. They focus on long-term performance and strategic decision-making, ensuring the company adapts to market and competitive changes