Professional Documents
Culture Documents
Ans. There are three levels namely top level , mid level , lower/ operational/supervisory level.
Now there functions as per levels as follows :-
a. Top Level – It includes CEO, CFO, COO, VP , GM. There function is to formulate plans ,
strategy making and report preparation.
b. Mid Level – It includes senior and junior managers. There functions are organizing,
delegation of authority and responsibility . That mens the implementation part.
c. Lower Level – It includes associates , executives and supervisors. There function is
directing and controlling the lower level employees and getting the things done from
them.
Q2. Enumerate the steps of stratagy formulation ( planning ) to achieve the suitable
competitive advantage ? { Steps of planning in short }
Ans. While operating each member has both line function and staff function, and even are
reporting to their line bosses and staff bosses. So they face role , goal and reporting conflicts.
Ans.
(i) Concilling
(ii) Discussion
(iii) Training
(iv) Involvement
(v) New reward system
People mindset in the current system from where they doesn’t want to
change. ( Freezing ).