(i) Making different parts for the smooth functioning of business and to achieve decided goals is called levels of management.
(ii) The size of business is small, medium or large. Every business needs to manage the activities efficiently and’ effectively.
(iii) The levels of management depends on size of organization. If the size of organization is small the classification of levels becomes easy and simple. Whereas in large organization, it becomes difficult and complicated. The levels of management in such organisation may be classified into three parts i.e. Top level, Middle level and Lower level.
(iv) These levels of management are important in organization. These levels have their own functions. As per that they have to perform their duties and responsibilities to attain their set goals and objectives.
(v) Thus, levels of management depends on size of organisation.
