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Asked by Taylor Wenzel on Jun 01, 2024

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As the time frames of planning are shrinking nowadays, top management is no longer responsible for setting longer-term plans and directions for the organization.

Time Frames

Specific periods within which certain activities are scheduled to occur or objectives are meant to be achieved.

Top Management

The highest level of organizational management, including positions such as CEO, CFO, and other senior executives responsible for overall strategic direction and decision-making.

Longer-term Plans

Strategic objectives or projects that are intended to be achieved over an extended period of time.

  • Understand the role of management at different levels in the planning process.
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ariel stithJun 02, 2024
Final Answer :
False
Explanation :
Top management is still responsible for setting the longer-term plans and strategic direction of the organization, even though the time frames for planning may be becoming shorter due to rapid changes in the business environment.

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