Learn Before
Activity (Process)

Flow of Strategy from Owners to Managers

Within a firm's hierarchy, strategic decision-making flows from the top down. The owners, typically represented by a Board of Directors, are responsible for formulating the company's long-term strategy. This strategy is then delegated to managers, who are tasked with its implementation.

Image 0

0

1

Updated 2025-11-05

Contributors are:

Who are from:

Tags

Educational Psychology

Psychology

Social Science

Empirical Science

Science

Economics

Economy

Introduction to Microeconomics Course

CORE Econ

Ch.6 The firm and its employees - The Economy 2.0 Microeconomics @ CORE Econ

The Economy 2.0 Microeconomics @ CORE Econ

Related