Business Studies, asked by calebaddo300, 10 months ago

factors that contribute to the increasing importance of purchasing within the organizational hierarchy;

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Answered by omjain65
4

Organizational hierarchy refers to the structure of authority and command within a firm. It is typically vertical with the chain of command moving downwards, i.e., the superior authority at the top of the organizational structure and the subordinate levels of command at the bottom. Subsequently, most organizational structures are pyramid-shaped with fewer managers than subordinates.

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