At which level of management, the managers are responsible for the welfare and survival of the organisation?

Option 1 -> Top-level managers (CEOs, Board of Directors) make strategic decisions and are accountable for the overall direction, welfare, and long-term survival of the organization.

Option 2 -> Executive level is often synonymous with top level, but in this context appears to be treated as a separate administrative category rather than the primary strategic decision-making body.

Option 3 -> Zonal level managers oversee specific geographical regions or zones and focus on regional operations rather than organization-wide survival.

Option 4 -> Middle-level managers implement policies and coordinate departmental activities but are not primarily responsible for overall organizational survival.

Hence, Option 1: Top Level -> Top-level management is responsible for formulating overall organizational goals, long-term strategies, and policies that ensure the welfare and survival of the entire organization. They make critical decisions about resource allocation, competitive positioning, and organizational direction. -> correct