THE HIERARCHY OF THE MANAGERS - AN IMPORTANT SEGMENT OF GOOD GOVERNANCE

Elizabeta Stamevska () and Vasko Stamevski ()
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Elizabeta Stamevska: European University-RM, Skopje, Republic of Macedonia
Vasko Stamevski: International Slavic University "Nikolai Derzhavin Romanovikj" Sveti Nikole - Bitola, Republic of Macedonia

Entrepreneurship, 2016, vol. 4, issue 2, 229-237

Abstract: Management is one of the most important tasks in any business. There are a number of obligations that managers should implement on daily working activities at all different levels, which should lead to efficiency and effectiveness in business and organizational life. Management is the creation and maintenance of a system in the organization. Companies depend on the capabilities of managers to set the vision and key objectives. It basically allows to ensure a coordinated approach in working and taking actions that each individual during operation will allow it to give its contribution, and therefore much more successfully performing the task of a specific group or organization. This paper presents hierarchical structure of managers, which is of great importance for the good governance of organizations to set their goals, planning, as well as other management functions.

Keywords: management; hierarchy of managers; business; managers; organization (search for similar items in EconPapers)
JEL-codes: M10 M12 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:neo:epjour:v:4:y:2016:i:2:p:229-237

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