MANAGEMENT

BUISENESS MANAGEMENT

BUSINESS STRUCTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following defines ‘Hierarchy’
A
Someone with responsibility over others or a department
B
Someone who works for someone else
C
The structure of the business
D
The amount of power/control someone has
Explanation: 

Detailed explanation-1: -A hierarchical structure is typical for larger businesses and organisations. It relies on having different levels of authority with a chain of command connecting multiple management levels within the organisation. The decision-making process is typically formal and flows from the top down.

Detailed explanation-2: -Organizational structure is a system used to define a hierarchy within an organization. It identifies each job, its function and where it reports to within the organization.

Detailed explanation-3: -A hierarchical structure, also known as a line organization, is the most common type of organizational structure. Its chain of command is the one that likely comes to mind when you think of any company: Power flows from the board of directors down to the CEO through the rest of the company from top to bottom.

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