Question

Policy formulation is the function of
(a) top level managers
(b) middle level managers
(c) operational management
(d) all of the above

Answer 1

SOLUTION :  

Policy formulation is the function of top level managers.

Among the given options option (a) top level managers is the correct answer.  

Top level includes Board of Directors , Chief Executives,  Managing Directors, Chairman, President, Vice President, CEO,COO, etc.

Levels of Management helps individuals to know their authority, responsibilities and superior - subordinate relations among themselves.

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Answer 2

Explanation:

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