The definition of 'Management team'

The management team is the group of individuals that operate at the higher levels of an organisation and have day-to-day responsibility for managing other individuals and maintaining responsibility for key business functions.

The management team is also generally responsible for putting together the business strategy and ensuring the business objectives are met. The Management team are held accountable by the companies board of directors.

Some organisations may operate a fairly flat team hierarchy with one or just a few layers of management while other companies may operate with several layers of the management team.

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THE SERIOUS INVESTORS GUIDE TO INVESTING IN STARTUPS

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