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Geeta is working in a private sector bank. One of her key function relates to the formulation of the overall organisational goals and strategies of the bank. Identify the level of management at which she is working?
  • a)
    Lower Level
  • b)
    Top Level
  • c)
    Middle Level
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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Geeta is working in a private sector bank. One of her key function rel...
Explanation:
Geeta is working in a private sector bank and is responsible for formulating the overall organizational goals and strategies of the bank. Based on this information, we can identify the level of management at which she is working.

Top-Level Management:
Top-level management consists of the highest-ranking executives who are responsible for making strategic decisions for the organization as a whole. They set the overall direction, goals, and policies of the organization.

Identification:
In this case, Geeta's role involves formulating the overall organizational goals and strategies of the bank. This indicates that she is involved in making strategic decisions for the bank. Therefore, she is working at the top level of management.

Responsibilities:
Top-level managers have several key responsibilities, including:

1. Setting Organizational Goals: They are responsible for determining the long-term goals and objectives of the organization.

2. Formulating Strategies: They develop strategies and plans to achieve the organizational goals.

3. Decision-Making: They make important decisions that impact the entire organization.

4. Policy Development: They develop policies and procedures to guide the organization's operations.

5. Resource Allocation: They allocate resources such as finances, personnel, and equipment to different departments or projects.

6. Stakeholder Management: They interact with various stakeholders, including shareholders, board members, and government officials.

7. Monitoring Performance: They monitor the performance of the organization and make adjustments as needed to ensure the goals are being achieved.

Conclusion:
Based on her role in formulating the overall organizational goals and strategies of the bank, Geeta is working at the top level of management. She is responsible for making strategic decisions that impact the entire organization.
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Geeta is working in a private sector bank. One of her key function relates to the formulation of the overall organisational goals and strategies of the bank. Identify the level of management at which she is working?a)Lower Levelb)Top Levelc)Middle Leveld)None of theseCorrect answer is option 'B'. Can you explain this answer?
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Geeta is working in a private sector bank. One of her key function relates to the formulation of the overall organisational goals and strategies of the bank. Identify the level of management at which she is working?a)Lower Levelb)Top Levelc)Middle Leveld)None of theseCorrect answer is option 'B'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about Geeta is working in a private sector bank. One of her key function relates to the formulation of the overall organisational goals and strategies of the bank. Identify the level of management at which she is working?a)Lower Levelb)Top Levelc)Middle Leveld)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Geeta is working in a private sector bank. One of her key function relates to the formulation of the overall organisational goals and strategies of the bank. Identify the level of management at which she is working?a)Lower Levelb)Top Levelc)Middle Leveld)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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