Question : Which level of managers is responsible for the welfare and survival of the organisation?
Option 1: Top level managers
Option 2: Middle-level managers
Option 3: Operational level managers
Option 4: None of the above
Answer (1)
16th Jan, 2024
Correct Answer: Top level managers
Solution : Top-level managers formulate overall organisational goals and strategies for their achievement. The top-level manager responsible for the welfare and survival of the organisation must analyse the business environment and its application for the survival of the firm.
Hence, Option A is correct
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