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CS Professional · Strategic Management and Corporate Finance · Introduction to Strategic Management

Meera Pharma Ltd's strategic planning head scans the environment, prepares alternative strategic options and evaluates them, but has no authority to finally approve any of them. Which description fits this person's role?

The planning head is a strategist in a supporting staff role. Such planners scan the environment, develop and evaluate options and advise decision makers, while final approval rests with top management and the board. The person is neither the ultimate decision maker, a shareholder, nor an auditor.

  1. AA strategist in a staff role who supports decision makers with analysis and optionsCorrect
  2. BThe ultimate decision maker for corporate strategy
  3. CA shareholder exercising residual control
  4. DA statutory auditor reporting on strategy

Explanation

Planning executives and strategic planners support top management by gathering information, analysing and proposing options. The final decision is made by top management and the board. Hence the person is a supporting strategist, not the ultimate decision maker.

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