What are the responsibilities of top management?

Responsibilities of Top Management are: -

1. They oversee the entire operation of the organization. They formulate strategic policies, company objectives and goals for the business.

2. Top management is responsible for laying down a path for the business to follow.

3. One of the many responsibilities is to maintain the growth and sustainability of the firm.

4. The Top management looks after the organization's efficiency and how the team members can be creative and innovative in their ideas.

5. They look out for ongoing competition and prepare plans on how to fight it.

6. The primary and foremost responsibility of top management is to lead the organization and influence the rest of the team members.