Question

Do you agree or disagree with the following statement? “I think managers have little responsibility for the failure of business firms.” Justify your view.

Answer 1

✓ I disagree with the statement, "I think managers have little responsibility for the failure of business firms." Because, management is the biggest support system for the entire organisation for bringing success. Managers have more responsibility for the failure of the business organisation, as they are the authorised and powerful people, who manage, control and use the important resources that are important for a company to attain it's goals.

Managers play many roles in the firm, viz, facilitator, motivator, organiser, leader, director, guide, controller, and many more. They can really being greater profitability to the firm by optimising the use of resources and guiding the employees in a proper direction. Thus, they have a huge responsibility for the firm's success as well as it's failure.

(Please like the answer it will encourage me.)