Business Essentials (12th Edition) (What's New in Intro to Business)
Business Essentials (12th Edition) (What's New in Intro to Business)
12th Edition
ISBN: 9780134728391
Author: Ronald J. Ebert, Ricky W. Griffin
Publisher: PEARSON
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Chapter 5, Problem 5.1QR
Summary Introduction

To explain: The role of managers at different levels in a firm.

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Explanation of Solution

  • The top-level managers are responsible for the strategic planning, performance, planning of goals, strategy and the financial decisions of the firm.
  • The middle-level managers make the tactical planning on implementing the decisions made by the top management.
  • The first line managers are those who spend most of the time on the work floor coordinating and supervising the remaining employees.

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