Part I QUESTION/TASK 1 (30%):

OBJECTIVE:

BBPS4103: The objective of this assignment is to enhance learners’ knowledge on the role of top management in strategy formulation.

REQUIREMENT: Top managers are crucial in strategy formulation in an organization. Write a literature critique analyzing the importance, role, skills, and competencies of top managers in an organization. From your analysis, discuss how top managers can influence strategy formulation. Explain in detail the common challenges faced by top management in implementing corporate strategy.