Business Studies, asked by amanshah05429, 2 months ago

management follow a hierarchy for the purpose of smooth functioning of the organization. elaborate about the same with an example.​

Answers

Answered by khushbukumari09110
2

Answer:

Top-Level Management

Top-level managers determine broad strategic strokes for the organization in general, and focus on the big picture.

LEARNING OBJECTIVES

Understand the responsibilities and characteristics of top-level management

KEY TAKEAWAYS

Key Points

Vertically ordering managerial functions allows managers at different tiers to focus on different ranges or scopes of organizational behavior and strategy.

One of the weaknesses of this type of managerial organization is that it can polarize power and salary, as well as create a rigid structure that reduces information flow.

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