Question

explain managerial hierarchy​

Answer 1

Answer:

Managerial hierarchy means dividing the authority and responsibility among the various managerial positions. Although all managers perform the same functions of planning, organizing, leading and controlling, there are hierarchies among them. Top management is the ultimate source of the authority.

Answer 2

Answer:

Managerial hierarchy means dividing the authority and responsibility among the various managerial positions. Although all managers perform the same functions of planning, organizing, leading and controlling, there are hierarchies among them. Top management is the ultimate source of the authority.

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