Question : Who formulates the policies for the organisation?
Option 1: Top level management
Option 2: Middle level management
Option 3: Operational level management
Option 4: None of the above
Correct Answer:
Top level management
Solution :
The objectives are realised through plans and policies. Top Management lays down plans and policy to achieve the objectives.Policy formulation is the function of top level managers.
Hence, Option A is correct.