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Explain about the top management functions in brief.
Top Management:
This includes Board of Directors, Chief Executive, Managing Directors, Owners and Share holders as well as General Managers.
Top management functions are:-
1. Setting fundamental objectives and goals
2. Contracting or Expanding activities
3. Establishing policies
4. Monitoring performance
5. Designing or redesigning the organization system
6. Shouldering financial tasks and many more.
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What are the features, advantages and disadvantages of sole proprietorship
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