Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

They are the senior executives of the organisation. Identify them from the following.

Options:

Division heads

Vice Presidents

First Line Managers

Supervisors

Correct Answer:

Vice Presidents

Explanation:

The correct answer is option (2) : Vice Presidents

Top Management: They 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).