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
(i) Identify the level of management at which Ashutosh Goenka was working
(ii) State three other functions being performed by Ashutosh Goenka.

Answer 1

(i)Ashutosh Goenka is working at the top level of management.
(ii) The other three functions being performed by Ashutosh Goenka are
(a) To set objectives for the organisation
(b) To analyse, evaluate and deal with the external forces
(c) To formulate the policies of business.