๐ The levels of management increase as the size of the company and workforce grows.
๐ผ Management is classified into top level, middle level, and supervisor level.
๐ฅ Top level includes CEO, CFO, and COO, while middle level consists of managers.
๐ Understanding the levels of management and their roles and responsibilities is crucial for a proper formal organization.
๐ The different levels of management determine the chain of command, authority, and decision-making influence within an organization.
๐ The top-level management gives directions to the middle level, which then gives directions to the supervisory level, ensuring unity of command.
๐ผ The levels of management determine the chain of command within an organization, with the number of levels increasing as the size of the company and workforce increases.
๐ Top-level management includes positions like CEO, MD, and CFO, who are responsible for planning and strategizing.
๐ Middle-level management ensures that the planning from the top-level reaches the supervisory level, who then work efficiently to get the tasks done.
๐ผ Top-level management requires specialized knowledge, strategic planning, and risk-taking abilities.
๐ฅ Top-level management consists of the board of directors and the CEO/Managing Director.
๐ Their main role is to lay down objectives, develop business policies, and ensure overall business success.
๐ The top-level management is responsible for budgeting, scheduling, and issuing instructions.
๐ The middle-level management acts as a bridge between the top level and the supervisor level, ensuring smooth communication and problem-solving.
๐ค Middle-level managers are crucial for hiring and managing employees in different departments of the organization.
โ๏ธ Middle-level management acts as a link between top-level management and supervisory level by conveying problems and instructions.
๐ Responsibilities of middle-level management include executing organizational plans, forming plans for sub-units, and interpreting policies for low-level management.
๐ Lower-level management, consisting of supervisors and operating employees, is responsible for assigning tasks and overseeing work.
๐ Different levels of management: top level, middle level, and supervisory level. Each level has specific responsibilities.
๐ Middle level management oversees both the quality and quantity of production.
๐ Supervisory level is responsible for supervising and guiding workers, maintaining good relations within the organization, and participating in the hiring and training process.
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