Management is considered as three tier machinery? Why?
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Management is considered as three tier machinery because of three levels in management hierarchy, i.e. Top, middle and lower level management. Top level management drafts various plans and policies and work towards the survival of organisation and attainment of goals. It consist of CEO, directors, president, etc.
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Management is a systematized body of knowledge that explains certain general truths. ... This knowledge is scientific in nature and is useful for understanding and applying the truths related to management that ensures efficiency and effectiveness in operations of a business.
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