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  5. Nature & Significance Of Management

12th Class Business Studies Nature & Significance Of Management Question Bank Topic - 3 MCQs - Level Of Management

  • question_answer
    Mr. Mohit Pal was working in Exe Pvt. Ltd., a company manufacturing and trading furniture. He found that the profits had started declining from the last four month; he analysed the business environment to find out the reason for this decline. Identity the level of management at which Mr. Mohit was working

    A) Top level management   

    B) Middle level management

    C) Lower level management            

    D) None of these

    Correct Answer: A

    Solution :

    [a]
    Explanation: Work done by Mohit is a function of top level management in which formulation of policies and plans takes place. Also, the top level is responsible to check the reason for decline in the welfare and growth of the organization.


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