💼intro to business review

Managerial hierarchy

Written by the Fiveable Content Team • Last updated August 2025
Written by the Fiveable Content Team • Last updated August 2025

Definition

A managerial hierarchy is an organizational structure that outlines the various levels of management and their respective authority within a company. It clearly delineates who reports to whom and establishes the flow of decision-making power from top to bottom.

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