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The Hierarchy Of The Managers - An Important Segment Of Good Governance

Author

Listed:
  • ELIZABETA STAMEVSKA

    (European University-RM, Skopje, Republic of Macedonia)

  • VASKO STAMEVSKI

    (International Slavic University "Nikolai Derzhavin Romanovikj" Sveti Nikole - Bitola, Republic of Macedonia)

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.

Suggested Citation

  • Elizabeta Stamevska & Vasko Stamevski, 2016. "The Hierarchy Of The Managers - An Important Segment Of Good Governance," Entrepreneurship, Faculty of Economics, SOUTH-WEST UNIVERSITY "NEOFIT RILSKI", BLAGOEVGRAD, vol. 4(2), pages 229-237.
    • Handle: RePEc:neo:epjour:v:4:y:2016:i:2:p:229-237
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    More about this item

    Keywords

    management; hierarchy of managers; business; managers; organization;
    All these keywords.

    JEL classification:

    • M10 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - General
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation

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