Managerial jobs with strategy$-$making responsibility

exist at many levels of the organizational structure of a large corporation when its operations cut across different products, industries, and geographical areas.

are found only at the very top of the managerial hierarchy, although virtually all strategic decisions are subject to the review and approval of a company's board of directors.

are relatively rare because most strategy$-$making is done by top$-$ranking executives and the members of a company's board of directors.

are typically limited to a company's chief executive officer and chief strategy officer $($who usually works closely with and reports directly to the chief executive officer$).$

seldom exist within a functional department $($e$.$g$.,$ marketing and sales$)$ or in an operating unit $($a plant or a district office$)$ because these levels of the organization structure are well below the level where strategic decisions are typically made.