Case Study Of Pricewaterhousecoopers
Pricewaterhousecoopers or PwC is a multinational professional services network which is the world’s second largest professional network. It provides industry-focused audit and assurance as well as tax services to its clients. The company has its network of firms in over 157 countries and has a workforce of over 195400 people. (i) As we have already learnt that management does not refer to a single individual but it refers to a group of persons. In companies large numbers of persons are employed and placed at different places to perform different managerial activities. These persons are given authorities and responsibilities, that is, they are the one in charge for the well-being of the company. This can be illustrated
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Followed by the middle-level management who are accountable to the top management and who delegates task to the bottom management. Third is the lower-management also known as the supervisory or operative management.
(ii) Organisation structure is a system to define a hierarchy within an organisation. It distinguishes between each job and its purpose within the company. It simply shows on what level is one employed in the company. With more responsibilities, come a higher salary that is it help in the organisation to allocate a proper salary for the employees. Most importantly having an organisation structure helps the company to know how to expand the business further that is to know exactly where to employ more workers. As we are talking about PwC, below is a sample of how its organisation chart looks …show more content…
Examples of the middle-level management are the branch managers, departmental managers and the associates, this imply that there will be one from accounting department, sales and marketing department, operation and production department and research and development department. Their main duty is to execute the pans and organisation in accordance with the policies and directives of the top management. This imply that the middle-level management is accountable to the top-level management that is the middle-level management has to respect any decisions and implementations made by the top-level management. They also have the duty of being an inspiration to the lower level managers towards better
Followed by the middle-level management who are accountable to the top management and who delegates task to the bottom management. Third is the lower-management also known as the supervisory or operative management.
(ii) Organisation structure is a system to define a hierarchy within an organisation. It distinguishes between each job and its purpose within the company. It simply shows on what level is one employed in the company. With more responsibilities, come a higher salary that is it help in the organisation to allocate a proper salary for the employees. Most importantly having an organisation structure helps the company to know how to expand the business further that is to know exactly where to employ more workers. As we are talking about PwC, below is a sample of how its organisation chart looks …show more content…
Examples of the middle-level management are the branch managers, departmental managers and the associates, this imply that there will be one from accounting department, sales and marketing department, operation and production department and research and development department. Their main duty is to execute the pans and organisation in accordance with the policies and directives of the top management. This imply that the middle-level management is accountable to the top-level management that is the middle-level management has to respect any decisions and implementations made by the top-level management. They also have the duty of being an inspiration to the lower level managers towards better