General Manager

Filed Under »
Dictionary Says

Definition of 'General Manager'

The person in charge of a department within a company. General managers commonly rank above most employees but below corporate-level executives. The responsibility and importance associated with the position varies from company to company, depending on the structure of its corporate ladder. In some companies, the general manager is one of the top executives.
Investopedia Says

Investopedia explains 'General Manager'

A general manager will usually have experience in a lower-level management position before being hired as or promoted to general manager. General managers can advance by moving into top executive positions or by moving to larger and more prestigious companies. They must have a thorough understanding of their departments or company's operations, be skilled at managing and leading the employees they supervise and make sound decisions for the company.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Branch Manager

    An executive who ...
  2. Manager Of Managers - MOM

    A class of ...
  3. Chief Executive Officer - CEO

    The highest ...
  4. Chief Operating Officer - COO

    The senior ...
  5. Chairman

    An executive ...
  6. Hubris

    The ...
  7. Minimum Wage

    The minimum ...
  8. Cum Rights

    A shareholder of ...
  9. Sticky Wage Theory

    An economic ...
  10. Corporate Finance

    1) The financial ...

Articles Of Interest

  1. Becoming A CEO

    Think you have what it takes to be chief executive? Find out what those at the top have in common.
  2. Female CEOs Who Climbed The Corporate Ladder

    These women climbed the ladder and broke the glass ceiling.
  3. The Basics Of Corporate Structure

    CEOs, CFOs, presidents and vice presidents: learn how to tell the difference.
  4. Evaluating The Board Of Directors

    Corporate structure can tell you a lot about a company's potential. Learn more here.
  5. Carl Icahn's Investing Strategy

    Buying up failing investments and turning them around helped to create the "Icahn lift" phenomenon.
  6. Finding Solid Buy-And-Hold Stocks

    Find out how to look at the big picture - even when the market's short-term outlook is less than rosy.
  7. Female Managers Can Raise Share Values

    Women are quite capable of proving their worth in raising corporate value through various financial, managerial and human capabilities.
  8. Introduction To Incentive Stock Options

    Here are some basic highlights of how ISOs work and the ways they can be used.
  9. Beware Of Company Stock In Qualified Plans

    While this strategy does have a few advantages, it can also pose some substantial risks to employees.
  10. Employees Vs. Investors

    Who is more important to the CEO and a company's bottom line? Is it employees or company shareholders?

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center