Question : Statement 1: Strategy involves resource allocation for objectives.

Statement 2: Strategy formulation is solely a top-level management function.

Option 1: Statement 1 correct, Statement 2 incorrect.
  

Option 2: Statement 1 incorrect, Statement 2 correct.
 

Option 3: Both statements are correct.

Option 4: Both statements are incorrect.

Question : Statement 1: Strategy involves resource allocation for objectives.

Statement 2: Strategy formulation is solely a top-level management function.

Option 1: Statement 1 correct, Statement 2 incorrect.
 

Option 2: Statement 1 incorrect, Statement 2 correct.
 

Option 3: Both statements are correct.

Option 4: Both statements are incorrect.

Question : Statement 1:   Directing involves both providing instructions and motivating employees.

Statement 2:   Motivating employees is the sole responsibility of the top management.

Option 1: Both statements are correct.
 

Option 2: Statement 1 is correct, and statement 2 is false.
 

Option 3: Both statements are incorrect.

Option 4: Statement 2 is correct, and statement 1 is incorrect.

Question : Statement 1: Strategy involves resource allocation for objectives.

Statement 2: Strategy formulation is solely a top-level management function.

Option 1: Statement 1 correct, Statement 2 incorrect.
 

Option 2: Statement 1 incorrect, Statement 2 correct.
    

Option 3: Both statements are correct.

Option 4: Both statements are incorrect.

Question : Statement 1: Lower-level management is responsible for formulating long-term strategies.

Statement 2: Lower-level management is responsible for supervising frontline workers.

Option 1: Both statements are true
 

Option 2: Both are incorrect
 

Option 3: Statement 1 is true, and Statement 2 is false.

Option 4: Statement 1 is false, and Statement 2 is true.