The term „management“ means to lead or manage something and routing them to the goal. Managing person needs to have right decisions in order to achieve the goal. These decisions can have variety of results depending on manager's ability to make a right decision just in right time. With development and expansion of organization the need to breakdown the managers appears, based on their work and responsibility they have. Differences with these manager levels are with decisions they are making and time need to make a decision. Subject of this paper is levels of management and decisions that each level is making. Aim of the paper is to compare relation between management levels and time needed to make a decision on each management level. After the intro about management and his functions, basic management levels in organization will be defined. After that, types of decisions as well as types of information systems which help managers with decision making will be explained. Later on, the ground thesis is going to be questioned and the management levels are being compared with time needed for decision making. At the end, practical part of the paper is mentioned as well as management levels in some of the most successful furniture business and after that the insight of the manager levels in tourism and hospitality is given. The paper ends with a conclusion based on given thesis.