Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Chief Executive Officer, Chief Finance Officer, Vice President(Marketing) belong to:

Options:

Non-operational level

Top level

Middle level

Supervisory level

Correct Answer:

Top level

Explanation:

The correct answer is option 2- Top level.

Chief Executive Officer, Chief Finance Officer, Vice President(Marketing) belong to the 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). Their basic task is to integrate diverse elements and coordinate the activities of different departments according to the overall objectives of the organisation.