Describe Three Levels of Management and Explain the Major Responsibilities

question 65

Essay

Describe three levels of management and explain the major responsibilities at each level.

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Definitions:

Entrepreneurs

Individuals who initiate, manage, and assume the risks of starting and running a new business venture.

Vision

A clear and inspiring long-term goal or image of what an organization or individual aims to achieve in the future.

Unexpected Events

Situations or occurrences that take place without prior warning, often causing disruption.

Entrepreneurs

Individuals who initiate, manage, and take on the risks of a business or enterprise with the aim of making a profit.