हिंदी

Levels of Management - Top Level Management

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Topics

  • Introduction
  • Functions
  • Real-Life Applications
  • Key Point Summary
Maharashtra State Board: Class 11

Introduction

Top-level management refers to the highest authority in an organization. It includes:

  • Board of Directors
  • Chief Executive Officer (CEO)
  • President
  • Managing Director

These people make key decisions and set the overall direction for the business.

Maharashtra State Board: Class 11

Functions

Real-Life Application

Consider a car company like Tata Motors. The Board of Directors and the CEO decide to launch a new electric model. They set targets, formulate important policies, and provide instructions to department heads (e.g., Production, Sales) to successfully roll out the car.

Maharashtra State Board: Class 11

Key Point Summary

  • Top-level management includes the Board of Directors, CEO, and similar roles.
  • They set goals, frame policies, organize departments, appoint managers, and evaluate how well things are going.

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