Target Exam

CUET

Subject

Business Studies

Chapter

Nature and significance of Management

Question:

Prithvi, who is the chief executive officer of Tech Enterprise, is responsible for the welfare and survival of the organization. Identify the level of management Prithvi belongs to?

Options:

Top management

Middle management

Supervisory management

Shopfloor level management

Correct Answer:

Top management

Explanation:

The correct answer is option 1- Top management.

Prithvi, as the Chief Executive Officer (CEO) of Tech Enterprise, is part of the top level of management.

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.