What Is Institutional Management?

The management organization is the implementation unit that manages human social and economic activities. It is set according to the level of productive forces development and the requirements of certain social production relations. It is both an organ for coordinating and organizing productivity and an organ for exercising ownership and management rights on behalf of the owner of the means of production. There are two basic types of settings: administrative linear systems. The setting of its management agency is related to the setting of administrative agencies, and it is divided into corresponding levels according to the administrative system from top to bottom. The management agencies are set up at various levels. The agencies at the higher level give direct instructions to the next level. Focus on the top. In this institutional setup, grassroots economic units have very little power and cannot be held responsible for the consequences of their own economic activities. Its theoretical basis is: The best way to achieve the demand for the large-scale development of socialized production is to conduct a unified management and command of the economic activities of the entire society, and this management and command based on the public ownership of the means of production It reflects the unity of ownership and management power. [1]

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