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In an organization, managers are arranged in a hierarchical structure that ensures coordination, control, and efficient achievement of organizational objectives. This hierarchy generally consists of three broad levels: top-level management, middle-level management, and lower-level or supervisory management. Each level differs in terms of authority, responsibilities, decision-making scope, and the skill set required to perform effectively. At the top of the hierarchy are top-level managers, such as Chief Executive Officers, Managing Directors, Presidents, and Board of Directors. They are responsible for defining the overall direction of the organization. Their primary activities include setting long-term goals, formulating policies, deciding strategic plans, analyzing the ___ ______ ___ ______ ____ _______ _____ ___.
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