PBMF 7.1 Lesson

All the authority within a business rest with top management.

Authority within a business is given to various managers that run their own departments.

Responsibilites & authority are divided among certain areas or departments within the business.

board of directors, president, & other high-ranking managers

division managers and department heads

coordinates & supervises the activities and duties of employees

Backup plans

Developed for short-term goals

Designed to reach day-to-day goals

Created for long-term goals

designed to reach the day-to-day goals of a business

created for the long-term goals of an organization

backup plans

developed for the short-term goals of a company