iscuss the “Level of Management” of any reputed able company doing business in Pakistan. You can make a flow chart or triangle hierarchy and briefly explain the responsible of each managerial level.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question

 

An organization can have many different managers, across many different titles, authority levels, and levels of the management hierarchy.

  • The three levels of management typically found in an organization are low-level management, middle-level management, and top-level management.
  • Top-level managers are responsible for Planning, controlling and overseeing the entire organization.
  • Middle-level managers are responsible for executing organizational plans which comply with the company’s policies. These managers act at an intermediary between top-level management and low-level management.
  • Low-level managers focus on controlling and directing. They serve as role models for the employees they supervise.

Key Terms

  • Hierarchy: Any group of objects ranked so that everyone but the topmost is subordinate to a specified one above it.
  • Manager: A person whose job is to manage something, such as a business, a restaurant, or a sports team.
  • Board of directors: A group of people, elected by stockholders, to establish corporate policies, and make management decisions.
  • Top management: company employees responsible for controlling and overseeing the entire organization
  • Middle management: company employees that are accountable for controlling and overseeing a department

 

 

Discuss the “Level of Management” of any reputed able company doing business in Pakistan. You can make a flow chart or triangle hierarchy and briefly explain the responsible of each managerial level.

Expert Solution
steps

Step by step

Solved in 3 steps with 1 images

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.