Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Vice President belongs to which level of Management ?

Options:

Top Level

Middle Level

Lower Level

Executive Level

Correct Answer:

Top Level

Explanation:

The correct answer is option (1) : Top Level

Top Management consist of the senior-most executives of the organisation by whatever name they are called. They are usually referred to as the chairman, the chief executive officer, chief operating officer, president and vice-president. Top management is a team consisting of managers from different functional levels, heading finance, marketing etc. For example chief finance officer, vice president (marketing).