The term level of management refers to a line of demarcation between various managerial positions. The number of levels of management depends upon the size, technology, degree, of diversity and nature of product. There are mainly three levels of management in most of the organization.
- Top level management
- Middle level management
- Lower level management
The extent to which managers perform the functions of management – planning, organizing, directing, and controlling – varies by level in the management hierarchy.
1. Top Level ManagementTop level consists of the board of directors, general manager and other senior executives. They fix the objectives of the organization.… Read the rest