Question : Which of the following could be classified under the top level of management?
Option 1: Production manager
Option 2: Foreman
Option 3: Production supervisors
Option 4: CEO (chief executive officer)
Correct Answer: CEO (chief executive officer)
Solution : Top-level management consists of the most senior executives of the organization. For example chief finance officer, chief executive officer, president, vice president, etc.
Hence, Option D is correct.
Question : Which of the following not consist of top level management?
Option 1: President
Option 2: Vice president
Option 3: Chairman
Option 4: Production manager
Question : Which of the following do not consist of top level management?
Question : Identify the principal of management in the following case. A superior told his subordinate that he will be given the responsibility to achieve the target production but in real terms no authority is given for access to the raw material.
Option 1: Authority and responsibility
Option 2: Chain of command
Option 3: Centralisation and decentralization
Option 4: Division of work
Question : Identify the principle of management in the below case. The head of the sales department asked his subordinate to increase the production due to increased sale of cloth whereas the head of finance department asked not to increase the production of cloth due to risk factor.
Option 1: Unity of direction
Option 2: Unity of command
Option 3: Division of work
Option 4: Scaler chain
Question : Which objective of government budget is highlighted here? The taxation and government spending helps to Set up production unit in the economically backward areas.
Option 1: Management of public enterprises
Option 2: Economic growth
Option 3: Reducing regional disparities
Option 4: Employment generation
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