Question:
State any four functions performed by Top Level Management.
State any four functions performed by Top Level Management.
Updated On: Feb 19, 2025
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Solution and Explanation
Functions performed by Top Level Management are:
(i) Their basic task is to integrate diverse elements and coordinate the activities of different departments according to the overall objectives of the organisation.
(ii) They are responsible for the welfare and survival of the organisation.
(iii) They analyse the business environment and its implications for the survival of the firm.
(iv) They formulate overall organisational goals and strategies for their achievement.
(v) They are responsible for all the activities of the business and for its impact on society.
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