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CMA Intermediate · Operations Management and Strategic Management · Introduction to Strategic Management

In a large company, the person who is responsible for the overall strategy of the whole firm, sets the vision and is accountable to the board and shareholders is the:

The chief executive officer is the chief strategist, since the CEO together with the board sets vision and overall direction and is accountable to shareholders, while supervisors, accountants and clerks work at operational levels.

  1. AChief executive officer acting as the chief strategistCorrect
  2. BShift supervisor of a plant
  3. CDivisional accountant
  4. DStores clerk

Explanation

The CEO, with the board, is the principal strategist at corporate level, formulating direction and being accountable to shareholders. Supervisors, accountants and clerks handle operational or support roles and do not set overall strategy.

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