Effective Management, Leadership Styles, and Strategy
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Management Levels and Leadership Styles
Leadership involves achieving company objectives by applying available resources through the tasks of planning, organization, management, and control.
Management Levels
- Top Management: Composed of the president and company advisors. They make decisions on new market development, products, acquisitions, or mergers.
- Middle Management: Includes regional directors and factory managers. They implement the general plans set by the board of directors.
- Supervisory Management: Responsible for assigning specific jobs to workers and evaluating their performance.
Leadership Styles
- Autocratic Leaders: Grant very little decision-making power to their subordinates.
- Participative Leaders: Facilitate cooperation among group members