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Definition of hierarchical: Having a structure consisting of multiple levels. A hierarchical business structure would mean that the chain of command looks like a pyramid, with a large base of workers, who are directly ... Dictionary Term of Day Articles Subjects Sign Up BusinessDictionary
DEFINITION of 'Corporate Hierarchy' Corporate hierarchy is the arrangement of individuals within a corporation according to power, status and job function. It is a form of organization structure that delineates authority and responsibility, designating who has supervisory leadership over employees, departments, divisions, and other executives dependent on their place within the strata.