12th Class Business Studies Sample Paper Business Studies Sample Paper-9

  • question_answer
    Rajeev has just joined a company as its CEO. Advise him, regarding the functions to be performed by him.

    Answer:

    Rajeev is a top level executive. The functions of top level management are as follows: (i) Determining Objectives Top level management sets objectives for the organisation, e.g. An objective can be set that in the following year, the sales of the company must cross Rs. 1,000 crore. (ii) Determining Policies At this level, policies related to the realisation of objectives are formed, e.g. It can be a sales policy of a company to just make cash sales. (iii) Determining Activities Different activities to be performed for the fulfilment of a fixed objective such as sales, purchase, advertisement, production, research, etc. (iv) Assembling Resources Needed resources are assembled for the realisation of an objective, like capital, raw material, fixed assets, etc.


You need to login to perform this action.
You will be redirected in 3 sec spinner