QB. Identify the level of management whose basic task is to cooperate with
other departments for smooth functioning and to find out the number of
employees rebuired for their department. State any 2 functions of the level of
management identified,
Answers
Answer:
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.
Top-level managers (such as CEOs) tend to be big-picture strategic thinkers with a substantial amount of experience in the industry and/or function they manage.
The executive team focuses on determining long-term strategy, strategic alliances, large financial decisions, and management of stakeholders (and the board of directors).
Key Terms
hierarchical: Ranked in some order, often order of importance or power
Some views on management revolve around vertical differentiation, or creating an hierarchical view of managers. This is useful to visualize in a chart, where top management is logically at the top, overseeing the entire organization. Middle managers are in the middle, acting as a bridge between upper management and certain work groups. Lower managers are task or process oriented, managing functional specialists and projects.