1.

Ashutosh Goenka was working in ‘Axe Ltd.’, a company manufacturing air purifiers. He found that the profits had started declining from the last six months. Profit has an implication for the survival of the firm, so he analysed the business environment to find out the reasons for this decline.1. Identify the level of management at which Ashutosh Goenka was working. 2. State three other functions being performed by Ashutosh Goenka.

Answer»

1. Ashutosh Goenka was working at top level of management. 

2. Following are the functions of top level management:

  • To determine goals for the enterprise. 
  • To suggest ways of achieving the goals of the enterprise. 
  • To frame policies for the enterprise. 
  • To maintain liason with the outside world viz., government, trade unions, etc. 
  • To control and monitor the planned performance.


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