Question

Binh was recently named general manager of a newly created business unit of a multidivisional company. His first order of business will be to implement the new division's strategic plan. Which of these statements about Binh's responsibilities for the company is true?

a. Binh isn't concerned with the performance of the other business units in his company. The other general managers are on their own.
b. Binh works with managers within his business unit to develop and implement concrete strategies for his division that align with corporate goals.
c. Binh should spend the majority of his time concerned with the human resources operations of his business unit, focusing on the employee team.
d. Binh will manage the entire corporation's finance structure, working with the finance directors of each division to implement the company's strategies.

Answer 1

The answer is: B) Binh works with managers within his business unit to develop and implement concrete strategies for his division that align with corporate goals.

Step-by-step explanation:

An strategic plan is a document (must be written) that communicates the company's goals, what actions are needed to achieve these goals and all other necessary elements developed and required by the planning strategy.

Since Binh was recently named general manager he has to work with his unit (departmental) managers to develop an strategic plan for the business unit that is aligned with the business plan of the whole company.