Question

Siddhi works in a private company. One of her main responsibilities is to develop the company’s goals and strategies.

What managerial level is Siddhi employed at? Name three more responsibilities that she needs to fulfil at this level.

Answer 1

Siddhi is employed at the top level of management, where she can be the Chief Executive, General Manager, Secretary, or a member of the Board of Directors.

Other three responsibilities that she needs to fulfil apart from developing the company’s objectives and strategies are as follows:

1. Top management employees are responsible for analysing and interpreting changes in the business environment to create or modify plans that meet organisational objectives.
2. To provide direction and leadership by directing managers and departments, and making sure that the various departments’ and divisions’ companies are coordinated.
3. In order to maximise profits and the company’s growth potential, top-level managers are responsible for allocating resources across the various departments and divisions of the organisation.