Question:
State any three functions of top level management.
State any three functions of top level management.
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Top level managers set overall goals and strategies, study the business environment, coordinate departments, and are responsible for the survival and welfare of the firm.
Updated On: Oct 26, 2026
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Solution and Explanation
Step 1: Introduction:
Top level management is the highest layer of the managerial ladder. It consists of the board of directors, the chief executive and the managing director.
Three of its functions are given below.
Step 2: Function 1: Integrating and coordinating:
Their basic task is to bring together the different elements of the organisation.
They coordinate the work of different departments so that it fits with the overall objectives.
Step 3: Function 2: Setting goals and strategies:
They decide the overall goals of the organisation.
They also frame the strategies and policies by which these goals will be reached.
Step 4: Function 3: Studying the environment and ensuring survival:
They examine the business environment and judge what it means for the firm.
They are responsible for the welfare and survival of the organisation and for its effect on society.
Final Answer:
Top level managers coordinate departments, set goals and strategies, and look after the survival and welfare of the organisation.
Top level management is the highest layer of the managerial ladder. It consists of the board of directors, the chief executive and the managing director.
Three of its functions are given below.
Step 2: Function 1: Integrating and coordinating:
Their basic task is to bring together the different elements of the organisation.
They coordinate the work of different departments so that it fits with the overall objectives.
Step 3: Function 2: Setting goals and strategies:
They decide the overall goals of the organisation.
They also frame the strategies and policies by which these goals will be reached.
Step 4: Function 3: Studying the environment and ensuring survival:
They examine the business environment and judge what it means for the firm.
They are responsible for the welfare and survival of the organisation and for its effect on society.
Final Answer:
Top level managers coordinate departments, set goals and strategies, and look after the survival and welfare of the organisation.
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