This document discusses managerial skills and organizational hierarchy. It defines managerial skills as the knowledge and abilities managers need to perform tasks, including technical, human, conceptual, and design skills. It also describes the three levels of management in organizational hierarchies: top-level managers make strategic decisions, middle managers oversee operations and communicate between levels, and lower managers directly supervise employees and ensure tasks are completed. The skills required vary by level, with top managers needing strong conceptual and decision-making skills, middle managers requiring communication and interpersonal skills, and lower managers benefitting most from technical skills.