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What do you mean by levels of management? - Commerce

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Question

What do you mean by levels of management?

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Solution

Levels of management refer to the different positions of managers in an organisation based on their roles, authority, and responsibilities. It is the hierarchical structure in which managers are placed at different levels according to their functions. Generally, management is divided into three levels: Top-level management, which is responsible for setting goals and making key decisions; Middle-level management, which implements plans and supervises departments; and Lower-level management, which focuses on day-to-day operations and supervising workers. Each level plays an important role in ensuring the smooth functioning of the organisation.

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Chapter 5: Management - Meaning, Nature and Importance - EXERCISES [Page 138]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 5 Management - Meaning, Nature and Importance
EXERCISES | Q 10. i. | Page 138
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