BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

PRINCIPLES AND PRACTICE OF MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
External information is more useful for ____ managers:
A
Top level.
B
Lower level
C
Middle level
D
Link level
Explanation: 

Detailed explanation-1: -External data is used to help a company develop a better understanding of the world in which they are operating. Financial trends, customer demographics, online search queries, and more all help a company find the best ways to grow and reach its target market.

Detailed explanation-2: -Top-level managers draw in facts, details, and data from the managers below and from outside the organization, then push that information down through the organization. They also report out of the organization, such as to shareholders or boards.

Detailed explanation-3: -Top management lays down the objectives and broad policies of the enterprise. It issues necessary instructions for preparation of department budgets, procedures, schedules etc. It prepares strategic plans & policies for the enterprise. It appoints the executive for middle level i.e. departmental managers.

Detailed explanation-4: -Top-level managers are responsible for controlling and overseeing the entire organization. Middle-level managers are responsible for executing organizational plans which comply with the company’s policies. They act as an intermediary between top-level and low-level management.

There is 1 question to complete.