Question

Which level of management sets general​ policies, formulates​ strategies, approves all significant​ decisions, and represents the company in dealings with other firms and with government​ bodies?

Answer 1

Answer: Top managers.

Explanation: Top managers examples are board of directors, president, vice-president, and CEO. These managers are duly responsible for controlling and overseeing the entire organization. They set and develop goals, strategic plans, company policies, and make decisions on the direction of the business. These top managers are responsible for controlling and overseeing the entire organization with the aim of achieving organization goals.