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Top Level Management (consists of the Board of Directors, the Chief Executive or the Managing Director.)
Functions performed at top level management are:
(a) Responsible for welfare and survival of the organisation.
(b) Analyse business environment.
(c) Formulate overall organisational goals and strategies.
(d) Integrate diverse elements and coordinate the activities of different departments.
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Yogita Ingle 5 years, 8 months ago
(i) Management is a Goal Oriented Process Organisation’s existence is based on objectives and management is the process which unites the efforts of every individuals to achieve the goal.
(ii) Management is All Pervasive The use of management is not restricted, it is applicable in all organisations big or small, profit or non-profit making.
(iii) Management is Multidimensional It does not contain one activity, it is a complex activity including three main activities
(a) Management of house
(b) Management of people
(c) Management of operations
(iv) Management is a Continuous Process It is a never ending process. It consists of series of interrelated functions which performs continuously.
(v) Management is a Group Activity Organisation is a collection of many individuals, every individual contributes towards achieving the goal.
(vi) Management is an Intangible Force It cannot be seen or touched only it can be felt in the way the organisation functions.
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