Define Management .What are different levels of management? Explain in detail.
Answers
There are generally three levels of management within an organization including top-level, middle-level, and first level that are tiered in numbers with more first level managers, a smaller amount of middle managers, and less top-level managers within one organization. Each level possesses certain job responsibilities within their position to ensure the effective overall operation of the organization.
Answer:
Management is such a process under which such an environment is created and maintained in which individuals make efforts together with coordination and cooperation to achieve specific objectives efficiently and effectively.
according to F.W. Taylor : management is an art of co-ordination all resources through planning, organising, directing, controlling in order to obtain stated objectives.
Top Level of Management: Top level of management is senior most executive organisation and their teams.
1. Board of directors
2. Manager director
3. President
4. Vice President
5. Chief executive officer
6. Chief financial officer
Main functions of Top level management are:
1. Determining the objectives of the enterprise:
top level management determine the long term and short term objectives of enterprise. Main objectives of organisation are formed at this level of management.
2. Framed policies and plans: management prepared plans and policies to achieve organisational goals.
3. Assigns jobs at middle level management: top level management assigns activities to various persons working at middle level of management.
