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The Management Hierarchy.

In all but the smallest organizations, more than one manager is necessary to oversee the activities of other…. Companies form management … - a structure with a top, middle, and bottom. There are more managers at the bottom than at the top.

Upper-level managers, or top management, have the most power and take overall … for the organization. An example is the chief executive officer who sets the organization's goals, make long-terms plans, establishes policies, and represents the company to the outside world. Although upper-level managers in similar corporations may have different titles - senior vice-president, executive vice-president, chairman - they may perform the same job within their companies.

Middle managers, or … management, develop plans for implementing the broad goals set by top management and coordinate the … of operating or … managers and their numerous subdivision.

At the bottom of the management hierarchy are operating managers, or … management. These managers oversee the work of operating … and put into action the plans developed at higher management levels. Positions at this level include supervisor, foreman, department head, and office manager.

The Management Hierarchy

Top management

President

Premier

Vice-President

Chairman of the board

H

Middle management

ead of accounting

Factory manager

Army captain

F

Supervisory management

oreman

Supervisor

Sergeant

b) Answer the following questions:

  1. What types of managers does any organization have?

  2. What is the difference between first-line ma­nager, middle manager, top manager? Compare and contrast the three.

9. Find in text b the words which describe or mean the following.

  • to employ (someone) for a time for payment;

  • to give or to be given teaching and practice in a profession or skill;

  • to judge the worth, quality, or condition of; find out the value of;

  • scope or range of activity;

  • special pursuit, activity, product, operation, etc.; thing to which a person (firm, etc.) gives special attention or for which a place is well-known;

  • ordered set of ideas, theories, principles, etc.

10. In text b find definitions of:

  • financial manager;

  • operational manager;

  • marketing manager;

  • human resources manager;

  • administrative manager.

11. Answer the questions on the text.

1. What types of managers are there at different levels of an organization?

2. What are the key areas of concern for marketing managers?

3. What do financial managers deal with?

4. Where do we find the larger number of financial managers?

5. What do operations managers do?

6. What are human resource managers concerned with?

7. Why are human resource managers becoming more important now?

8. What are administrative managers responsible for?

9. What other kinds of managers are mentioned in the text?

10. In what organizations is the number of managers larger?

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