Question : Which function of management is highlighted in the below statement?
Mr. Vansh was working in an organisation. He found that the profit had started declining from last four months. Profit as an implication for the survival of the firm, so he analyse the business environment to find out reason for this decline.
Option 1: Top level management
Option 2: Middle level management
Option 3: Lower level management
Option 4: All of the above.
Correct Answer:
Top level management
Solution : Top level management is highlighted here. The top level management is responsible for coordinating the activities of different departments, to formulate overall organisational goals and strategies, to be responsible for all the activities of the business and its impact on the society, etc.
Hence Option A is correct.
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