Q5o Topdown retail plans are generally developed by firms th

Q5o. Top-down retail plans are generally developed by firms that believe in participative management. O a. true O b. false

Solution

The given statement is False.

Top down approach is used in organizations who believe in authoritative decision making and the top management decides what the management at bottom end should do and it is not participative management.The participative management approach is used in case of bootom up approach where the management at the bottom level has best knowledge how to manage the activities and so it makes decision and pass it on to the top management and so,it is participative management.