Question
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.
(a) Identify the level of management at which Ashutosh Goenka was working.
(b) State three other functions being performed by Ashutosh Goenka.
Solution
(i) Ashutosh Goenka was working on top-level management in the organisation.
(ii) Other three functions performed by Ashutosh Goenka would be:
- formulating all the policies and framing strategies and guidelines for the correct working of such policies.
- coordinating and organising all the departments for smooth working in the organisation.
- setting up common major objectives and goals of organisation for the achievement of such goals.
