Student work: Discuss the "Level of Management" of any reputed able company doing business in Pakistan. You can make a flow chart or triangle hierarchy and briefly explain the responsible of each managerial level.
Student work: Discuss the "Level of Management" of any reputed able company doing business in Pakistan. You can make a flow chart or triangle hierarchy and briefly explain the responsible of each managerial level.
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Transcribed Image Text:Assignment 01
An organization can have many different managers, across many different titles,
authority levels, and levels of the management hierarchy.
The three levels of management typically found in an organization are low-level
management, middle-level management, and top-level management.
Top-level managers are responsible for Planning, controlling and overseeing the
entire organization.
• Middle-level managers are responsible for executing organizational plans which
comply with the company's policies. These managers act at an intermediary
between top-level management and low-level management.
Low-level managers focus on controlling and directing. They serve as role models
for the employees they supervise.
Key Terms
• Hierarchy: Any group of objects ranked so that everyone but the topmost is
subordinate to a specified one above it.
• Manager. A person whose job is to manage something, such as a business, a
restaurant, or a sports team.
Board of directors: A group of people, elected by stockholders, to establish
corporate policies, and make management decisions.
Top management: company employees responsible for controlling and
overseeing the entire organization
Middle management: company employees that are accountable for controlling
and overseeing a department
Student work:
Discuss the "Level of Management" of any reputed able company doing business in Pakistan.
You can make a flow chart or triangle hierarchy and briefly explain the responsible of each
managerial level.
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