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In terms of company management, various stakeholders such as directors, officers, managers, and shareholders guide a company toward the achievement of its business objectives.
Management is defined as “the process of planning, organising, leading, and controlling the efforts of company members, as well as the use of all company resources to achieve stated company goals.”
As a result, management’s job is to maintain control over the company’s actions and performance while also leading, inspiring, and directing the people who work there.
This article investigates organisational hierarchy in company management, the role of shareholders, the responsibilities of directors, and the different types of officers in company management.