5 Marks Each

Question

Give difference between levels of management.

Vidyadip · Accepted Answer

No.Points of DifferentTop level managementMiddle level managementBottom level management1.Management and AdministrativeThe proportion of management is more and administration is less.The proportion of management is less and administration is moreThe proportion of management is too less and administration comparatively more.2.IncludesBoard of Directors, managing Director, General managers etc.Include departmental officers, experts of various fields.Includes jobbers, foremen and supervisors.3.Number of MemberLess number of employees compare to bottom level but more than top level management.Less number of employees compare to Bottom level but more than top level management.Compare to top and middle level management number of employees are more.4.Authority and ResponsibilityAuthority and responsibility both are more.Comparatively less authority is limited to departments only.Least authority while responsibility is limited to sub-divisions only.5.Formation of objective and policiesThis level formal basic objectives and policies of company.The level implement policies formulated by top level management.This level implements policies and decision formed by top level and middle level management.6.CompetencyAt this level over all completency is required.At this level specialized knowledge is required.At this level knowledge of ones own department and subdivision is required.7.DecisionsDecisions taken at this level are risky and have compare-actively far reaching effect.Decisions taken by this level are less risky.Decisions take by this level are very less risky .8.AccountabilityThe level is accountable towards share holders, creditors, Govt. dept. legal provisions etc.They are accountable towards top level management.They are accountable towards middle level management.9.Forms of functions/ ActivatesAt this level intellectual functions are seen.At this level functions of mental work are seen.At this level function of physical work are seen.

Answer

Need a full question paper?

Explore more

Similar questions

No.	Points of Different	Top level management	Middle level management	Bottom level management
1.	Management and Administrative	The proportion of management is more and administration is less.	The proportion of management is less and administration is more	The proportion of management is too less and administration comparatively more.
2.	Includes	Board of Directors, managing Director, General managers etc.	Include departmental officers, experts of various fields.	Includes jobbers, foremen and supervisors.
3.	Number of Member	Less number of employees compare to bottom level but more than top level management.	Less number of employees compare to Bottom level but more than top level management.	Compare to top and middle level management number of employees are more.
4.	Authority and Responsibility	Authority and responsibility both are more.	Comparatively less authority is limited to departments only.	Least authority while responsibility is limited to sub-divisions only.
5.	Formation of objective and policies	This level formal basic objectives and policies of company.	The level implement policies formulated by top level management.	This level implements policies and decision formed by top level and middle level management.
6.	Competency	At this level over all completency is required.	At this level specialized knowledge is required.	At this level knowledge of ones own department and subdivision is required.
7.	Decisions	Decisions taken at this level are risky and have compare-actively far reaching effect.	Decisions taken by this level are less risky.	Decisions take by this level are very less risky .
8.	Accountability	The level is accountable towards share holders, creditors, Govt. dept. legal provisions etc.	They are accountable towards top level management.	They are accountable towards middle level management.
9.	Forms of functions/ Activates	At this level intellectual functions are seen.	At this level functions of mental work are seen.	At this level function of physical work are seen.

NATURE AND SIGNIFICANCE OF MANAGEMENT — OCM STD 12 Commerce — Question

Answer

Need a full question paper?

Explore more

Similar questions