MANAGEMENT

Detailed explanation-1: -Top-level managers are those who represent the highest level of executive management. Top-level managers often have the word “chief” in their job titles, such as chief executive officer, chief financial officer, and so on. These managers help sustain the company’s growth and execute plans over the long term.

Detailed explanation-2: -A management pyramid, also called a hierarchical structure, is an organizational structure where there is one leader on top with increasingly larger tiers of management teams below them.

Detailed explanation-3: -Middle Managers They are links between the top managers and the first-line managers and have one or two levels below them. Middle managers receive broad strategic plans from top managers and turn them into operational blueprints with specific objectives and programs for first-line managers.

Detailed explanation-4: -An example of a line manager is a marketing executive. Although a marketing executive does not actually produce the product or service, he or she directly contributes to the firm’s overall objectives through market forecasting and generating product or service demand.