The Importance of Hierarchy in Business
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The Importance of Hierarchy in Business
Hierarchy in business refers to the system of levels of authority and responsibility within an organization. It is an important aspect of business because it helps to establish clear lines of communication, decision-making, and accountability.
At the top of the hierarchy is the highest level of management, such as the CEO or president. These individuals have the most authority and are responsible for making strategic decisions for the company. They are also responsible for ensuring that the company’s goals and objectives are met.
Below the top level of management is the middle management level. These individuals are responsible for implementing the decisions made by the top level of management and for overseeing the day-to-day operations of the company. They also act as a link between the top level of management and the front-line employees.
The front-line employees are at the bottom of the hierarchy. They are responsible for performing the day-to-day tasks necessary to keep the company running. They also act as a link between the middle management and the customers.
Hierarchy in business also helps to establish clear lines of communication. Information flows from the top level of management to the front-line employees through the middle management. This ensures that everyone in the company is aware of the company’s goals and objectives, as well as any changes or updates to the company’s plans.
Another important aspect of hierarchy in business is accountability. Each level of the hierarchy is responsible for specific tasks and decisions. This helps to ensure that everyone in the company is aware of their responsibilities and is held accountable for their actions.
In addition, hierarchy in business also helps to establish a clear chain of command. This is important in case of emergency or unexpected situations. It helps to ensure that the right person is in charge and that the necessary actions are taken quickly and efficiently.
In conclusion, hierarchy in business is an important aspect of any organization. It helps to establish clear lines of communication, decision-making, and accountability. It also helps to establish a clear chain of command, which is essential in emergency or unexpected situations. A well-defined hierarchy is a key driver of company’s success.
RUBRIC
Excellent Quality 95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support 91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology 58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score 50-85%
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality 0-45%
37-1 points The background and/or significance are missing. No search history information is provided.
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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The Importance of Hierarchy in Business