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.
Question : Identify at what level of management shareholders are engaged.
Question : Identify at which level operation manager is engaged?
Question : Determining long term objectives is the duty of which level of management?
Question : Which level of management is responsible for implementing the plans and policies of top management at the operational level?
Question : Which level of management consists of senior most executives of the organisation?
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