The level of management determines a chain of command, the amount of authority & status enjoyed by any managerial position. The levels of management can be classified in three broad categories: Top level/Administrative level. Middle level/Executory. Low level/Supervisory/Operative/First-line managers

Management is an activity concerned with guiding human and physical resources such that organizational goals can be achieved. Nature of management can be highlighted as: - Management is Goal-Oriented: The success of any management activity is assessed by its achievement of the predetermined goals or objective.

Although it is accepted that the scientific management enables the management to put resources to its best possible use and manner, yet it has not been spared of severe criticism. Workers Viewpoint

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Levels of Management is a line of demarcation between various managerial positions. There are 3 levels of management. The levels of management determines the amount of authority and status enjoyed by any managerial position.

Getting Maximum Results with Minimum Efforts - The main objective of management is to secure maximum outputs with minimum efforts & resources. Management is basically concerned with thinking & utilizing human, material & financial resources in such a manner that would result in best combination.

2025年2月3日 · Research into the phenomenon of attrition has found that many employees (particularly at the entry and the middle management levels) leave companies because they have been offered better compensation at another company.

Good management makes a difficult task easier by avoiding wastage of scarce resource. It improves standard of living. It increases the profit which is beneficial to business and society will get maximum output at minimum cost by creating employment opportunities which generate income in hands.

Management Principles are the statements of fundamental truth based on logic which provides guidelines for managerial decision making and actions. There are 14 Principles of Management described by Henri Fayol.

2025年2月5日 · Considering the business point of view, it is valuable to deliberate of culture as presented at four diverse levels namely the national, business, industry and organization. National Culture comprises of the distinguishing common values, thoughts, suppositions, faith and customs of the occupants of a country which direct their behavior.