Management Structures
Business leaders in the United States and around the world expect many changes in the coming years as a result of globalization. New Leaders come from diverse backgrounds. Global competition is creating companies and managers who are united by common goals and ideas.Key Terms:
Management
Vertical Organization
Top Management
Middle Management
Supervisory-Level Management
Horizontal Organization
Empowerment

Objectives
*Explain how horizontally organized companies differ from vertically organized companies
*Name the tree levels of management
*Explain how a self-managing team functions