The global economy, globalization, rapid technological change, and the increasing importance of knowledge are creating the need to delegate strategic responsibilities to employees “closer to the action.” Therefore, the option A holds true.
Strategic responsibilities can be referred to or considered as the responsibilities that are in the hands of the top order management of a business organization. These responsibilities are a part of the important strategies required for global expansion and changes in the business environment of the industry.
Therefore, the option A holds true and states regarding the significance of strategic responsibilities.
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The global economy, globalization, rapid technological change, and the increasing importance of knowledge are creating the need to
a. delegate strategic responsibilities to employees “closer to the action.”
b. split responsibilities between the CEO and the board of directors as a result of corporate scandals triggered by unethical CEOs.
c. re-centralize the responsibility for strategy to the CEO.
d. expand the strategic responsibilities to all organizational
