BANKING AFFAIRS

Detailed explanation-1: -Supervisory managers are tasked with overseeing the actual execution of the plans and policies created by the top two management levels. They supervise day-to-day operations and make sure that all short, medium and long term deliverables are met.

Detailed explanation-2: -As you would expect, top-level managers (or top managers) are the “bosses” of the organization. They have titles such as chief executive officer (CEO), chief operations officer (COO), chief marketing officer (CMO), chief technology officer (CTO), and chief financial officer (CFO).

Detailed explanation-3: -Managers are most often responsible for a particular function or department within the organization. From accounting to marketing, to sales, customer support, engineering, quality, and all other groups, a manager either directly leads his or her team or leads a group of supervisors who oversee the teams of employees.

Detailed explanation-4: -Lower-level management refers to the managers that supervise, coordinate, and delegate tasks directly to employees in their department. These are the entry-level managers of the organization, which may also be referred to as first-line managers.