- Top-level Management
Top-level managers require an extensive knowledge of management roles and skills.
They have to be very aware of external factors such as markets.
Their decisions are generally of a long-term nature.
They are responsible for strategic decisions.
They have to chalk out the plan and see that plan may be effective in future
- Middle Management
Mid-level managers have a specialized understanding of certain managerial tasks.
They are responsible for and carrying out the decisions made by top-level management.
They are responsible for tactical decisions.
- Lower Management
This level of management ensures that the decisions and plans taken by the other two are carried out.
Lower-level managers’ decisions are generally short-term ones.
They are responsible for operational decisions.