all three level of professions are required to organise or to run a business smoothly Vai why why
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Answer:
) Top Level Management (consists of the Board of Directors, the Chief Executive or the Managing Director.)
Functions performed at top level management are:
(a) Responsible for welfare and survival of the organisation.
(b) Analyse business environment.
(c) Formulate overall organisational goals and strategies.
(d) Integrate diverse elements and coordinate the activities of different departments.
(ii) Middle Level Management (consists of heads of functional departments, plant superintendents, etc.)
Functions performed at middle level management are:
(a) Responsible for implementing and controlling plans and strategies developed by top management.
(b) Responsible for all the activities of first line managers.
(c) Interpret the plans and policies framed by top management.
(d) Ensuring availability of necessary personnel.
(e) Assigning necessary duties and responsibilities to the personnel.
(f) Cooperate with other departments.
(iii) Lower Level Management or Supervisory Level (consists of supervisors, foremen and superintendents).
Functions performed at operational/supervisory level are:
(a) They interact with the actual workforce and pass on instructions of the middle management.
(b) Maintains discipline among workers.
(c) Ensures quality output, minimum wastage and safety standards.