Question: In a Pty Ltd company, the management structure typically involves several key roles and positions. Here's a textual representation of the management hierarchy: Shareholders/Owners: The
In a Pty Ltd company, the management structure typically involves several key roles and positions. Here's a textual representation of the management hierarchy: Shareholders/Owners: The individuals or entities that own shares in the company and have a stake in its ownership. Board of Directors: The board is responsible for making high-level strategic decisions for the company. It includes both executive directors (involved in day-to-day operations) and non-executive directors (independent oversight). The board typically includes positions like: Chairman/Chairperson: Leads the board meetings and represents the company. CEO/Managing Director: Oversees overall company operations and execution of strategic plans. CFO: Manages financial aspects, including budgeting, financial reporting, and analysis. COO: Oversees daily operations, production, and internal processes. CMO: Manages marketing strategies and initiatives. CTO/CIO: Handles technology and innovation strategies. Management Team: The management team includes senior managers responsible for specific departments or functions within the company. These positions can include: General Manager/Operations Manager: Oversees day-to-day operations and ensures smooth functioning. Sales Manager: Manages sales strategies and teams. Marketing Manager: Develops and implements marketing plans. HR Manager: Handles human resources, recruitment, and employee relations. Finance Manager: Manages financial operations, budgeting, and reporting. Production/Operations Manager: Ensures efficient production processes. Departments: Under the management team, various departments handle different aspects of the business, such as marketing, sales, finance, operations, human resources, and more. Employees: The workforce that carries out the tasks and functions assigned by the management team and respective department heads.
Provide an organogram indicating the management structure of a business with this business form.( 20 marks)
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