Assignment 01An 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-levelmanagement, middle-level management, and top-level management.Top-level managers are responsible for Planning, controlling and overseeing theentire organization.• Middle-level managers are responsible for executing organizational plans whichcomply with the company's policies. These managers act at an intermediarybetween top-level management and low-level management.Low-level managers focus on controlling and directing. They serve as role modelsfor the employees they supervise.Key Terms• Hierarchy: Any group of objects ranked so that everyone but the topmost issubordinate to a specified one above it.• Manager. A person whose job is to manage something, such as a business, arestaurant, or a sports team.Board of directors: A group of people, elected by stockholders, to establishcorporate policies, and make management decisions.Top management: company employees responsible for controlling andoverseeing the entire organizationMiddle management: company employees that are accountable for controllingand overseeing a departmentStudent work: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 eachmanagerial level.

The organizational structure and management hierarchy of a reputed company operating in Pakistan,…

Answered: Student work: Discuss the "Level of…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Student work: 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.