Managerial jobs with strategy$-$making responsibility

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.

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

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

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 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$).$