The definition of supervisory management states the highest level of management, consisting of the president and other key company executives who develop strategic plans.
<h3>What is
supervisory management?</h3>
Supervisors, within the context of business management, are those who keep an eye on the strategic direction of the company.
They are not bogged down with the operations or day-to-day activities of the company. Hence, the reason why they are called supervisory management.
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Tax rates refer to the percentage of income that is taxed, whereas tax revenues refer to the dollars collected by the government in taxes.
<span>The organizational development (od) process has three steps: diagnosis, intervention, and evaluation, accompanied by feedback.
When referencing organizational development, we are referring to the watching the change and performance within organization/businesses. By watching this, organizations can approach and understand how to achieve success and what needs to be changed in order to do so.
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Answer:
was thinking "outside the box" by designing a growth strategy
Explanation:
On the given scenario the business wanted to grow but not open more furniture shops.
The strategy chosen will achieve more growth while expanding into another operation line (boutique hotels).
The supply of furniture to these boutique hotels as internal decorations and as purchase from guests is an innovative way for the furniture business to grow without opening new stores.
This is an example of thinking outside the box.