Levels Of Management

Deptt. Of Production & Industrial Engg. B.I.T MESRA,RANCHI

Top Level Of Management
Consists Of

• Board of directors

• Chief Executive Or Managing Director

Deptt. Of Production & Industrial Engg. B.I.T MESRA,RANCHI

Role of Top Level Management
• Top management lays down the objectives and broad policies of the
enterprise.

• It issues necessary instructions for preparation of department budgets,

procedures, schedules, etc.

• It prepares strategic plans and policies for the enterprise.

• It appoints the executive for middle level, i.e., departmental managers.

• It controls and coordinates the activities of all the departments.

Deptt. Of Production & Industrial Engg. B.I.T MESRA,RANCHI
Middle Level Management Role
• They execute the plans of the organization in accordance with the policies and directives
of the top management.

• They make plans for the sub-units of the organization.

• They participate in employment and training of lower level management.

• They interpret and explain policies from top level management to lower level.

• They are responsible for coordinating the activities within the division or department.

• They also send important reports and other important data to top level management.

• They evaluate performance of junior managers.

• They are also responsible for inspiring lower level managers towards better performance.
Deptt. Of Production & Industrial Engg. B.I.T MESRA,RANCHI
Low Level Management

Consists of

• Supervisors, Foreman, Section Officers, Superintendent, etc.

Deptt. Of Production & Industrial Engg. B.I.T MESRA,RANCHI

Role of Low Level Management
• Assigning of jobs and tasks to various workers.

• They guide and instruct workers for day to day activities.

• They are responsible for the quality as well as quantity of production.

• They are also entrusted with the responsibility of maintaining good
industrial relations in the organization.

• They communicate workers problems, suggestions and

recommendatory
Deptt. Of Production & Industrial Engg. appeals,
B.I.T MESRA,RANCHI etc. to the higher level and higher level goals
Contd…
Contd…
Contd…
Company
• Advantages

 Limited Liability

 More Money for Investment

 Size

 Ease of Ownership Change

• Disadvantages

 Extensive Paperwork

 Double Taxation

 Two Tax Returns

 Initial Cost
Franchising
• Advantages:
 Personal Ownership
 Established Business
 Known Brand

• Disadvantages:
 No Control
 Tied to Suppliers
 Cut Of Your Profit
Types of Globalization
• POLITICAL GLOBALIZATION

• SOCIAL GLOBALIZATION

• ECONOMIC GLOBALIZATION

• TECHNOLOGICAL GLOBALIZATION

• FINANCIAL GLOBALIZATION

• CULTURAL GLOBALIZATION

• ECOLOGICAL GLOBALIZATION

• GEOGRAPHICAL GLOBALIZATION
POLITICAL GLOBALIZATION

• International bodies including the United Nations, European Union

and World Trade Organization are key multinational organizations

designed to facilitate increasing political globalization. This includes

growing free trade and multilateral agreements on investment.

SOCIAL GLOBALIZATION

• What happens in Afghanistan can affect what happens in the United

States.

• A contagion in China spreads to all corners of the world.

• A nuclear weapon in North Korea can threaten lives in New Zealand.

ECONOMIC GLOBALIZATION

• Once McDonald’s only existed in the USA and HSBC only existed in the UK, now these companies

are all over the world in a ‘globalized economy

 TECHNOLOGICAL GLOBALIZATION

• Examples of this include the spread of the internet, solar panel technology and

medical technologies – which can all help improve the lives of people around the

world.
FINANCIAL GLOBALIZATION

• The growth of stock exchanges like the NYSE and FTSE as

well as internationalization of financial markets has made it

easier for people to transfer money internationally.

CULTURAL GLOBALIZATION

• Concepts related to cultural globalization include cultural

adaptation, cultural diffusion.

ECOLOGICAL GLOBALIZATION

• The hole in the Ozone layer which required the world to ban CFCs.

• Climate Change, which will affect the poorest nations (particularly low-lying

nations in the Pacific and South-East Asia) even though much of the damage is

caused by developed nations like the United States.

GEOGRAPHICAL GLOBALIZATION
• We’re now able to travel between nations with increasing ease. You can go from

the United States to Europe within a day, for example. Furthermore, people can

identify as belonging to multiple geographic regions, especially if they hold

multiple passports.
TYPES OF ORGANIZATION
 LINE ORGANIZATION

• Under this system, authority flows directly

and vertically downward from the top of the

managerial hierarchy to different levels of

managers and subordinates, and down to the

operative level of workers. It is also known

as the chain of command or scalar principle

Line and Staff Organization
Contd…

• A line and staff organizational structure attempts to present a large

and complex enterprise in a more flexible way without sacrificing

managerial authority. Staff groups support those who are engaged in

the central productive activity of the enterprise. They back up their

work. Staff groups help the organisation in analysing, researching,

counselling, monitoring, and in evaluating activities

Functional Structure Organization
 Functional Structure Organization

• They are grouped based on their specific skills and knowledge. Under this

structure, the employees are divided into groups by the organization according to

a particular or group of tasks. Where functional structures operate well in stable

environments