Correct Answer - Option 4 : Top level
The three levels of management found in an organization are:
- Top-level management: Top-level managers are responsible for controlling and overseeing the entire organization.
- Middle-level management: 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 management: Low-level managers focus on controlling and directing. They serve as role models for the employees they supervise.
Top-level managers: The board of directors, president, vice-president, corporate managers, and CEO are all examples of top-level managers.
- These managers are responsible for controlling and overseeing the entire organization.
- They develop goals, strategic plans, company policies, and make decisions on the direction of the business.
- Top-level managers are accountable to the shareholders and the general public.
Middle-level managers: General managers, branch managers, and department managers are all examples of middle-level managers.
- They diagnose and resolve problems within and among workgroups.
- They design and implement a reward system supporting corporate behavior.
- They inspire and guide low-level managers towards better performance.
- They define and discuss information and policy from top management to lower management.
- They are accountable to the top management for their departments' functions.
Low-level managers: Supervisors, and section leads are examples of low-level managers.
- These managers focus on controlling and directing.
- They are also referred to as first-level managers and they provide
- Basic supervision
- Career planning
- Staff supervision
- Motivation
- Low-level managers have the responsibility of ensuring the quality and quantity of production.
Note:
- Corporate managers are expected to work together, bringing their terms into play strategically to complete tasks and projects assigned to their department.
- Corporate managers need to be able to share enough information about the company’s current operations and status that the executives, the Board of Directors, and shareholder representatives can make good decisions based on given current data.
- Corporate managers often have a set of middle managers or lower-level supervisors reporting to them rather than a team of individual contributors.
- Corporate managers are expected to be strong leaders who can build trust with both top executives and intermediate management, as well as understand their role in communicating and implementing the company’s long-term vision.
