MANAGEMENT

Detailed explanation-1: -The goal of a vertical organizational chart is to present the reporting relationships between employees.

Detailed explanation-2: -The organizational charts shall indicate reporting relationships. A solid line connecting a specific position or unit to another higher level position or unit typically indicates both administrative and functional reporting to the same higher level individual or position.

Detailed explanation-3: -The four types of organizational structures are functional, multi-divisional, flat, and matrix structures.

Detailed explanation-4: -Organizational charts (or hierarchy charts) are the graphical representation of an organization’s structure. Its purpose is to illustrate the reporting relationships and chains of command within the organization.

Detailed explanation-5: -The vertical connecting lines in the organization chart show the firm’s chain of command: the authority relationships among people working at different levels of the organization. That is to say, they show who reports to whom.