ECONOMICS
DECISION MAKING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Planning
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Organising
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Leading
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Controlling
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Detailed explanation-1: -A top-level manager is responsible for creating and implementing organizational plans and policies and is a professional who is at the executive level. They work as a negotiator between the top-level and lower-level managers. These professionals can work to guide the overall direction of an organization.
Detailed explanation-2: -Top Level of Management It devotes more time on planning and coordinating functions. 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.
Detailed explanation-3: -Of all the top management roles and responsibilities, planning is one of the most important. In fact, every other business activity is borne out of planning, either directly or indirectly, because it is based on policies and strategies that were predetermined during planning.
Detailed explanation-4: -Chief Executive Officer (CEO) Chief Financial Officer (CFO) Chief Operating Officer (COO) Company President. Company Vice President. 07-Mar-2022