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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.
Why the composition of the working capital of business is important as the value of the working capital
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