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Business Definition for: vertical management structure
vertical management structure

hierarchical structure and functioning of an organization in terms of the layers of management delegation of authority. A vertical management structure has divisions of authority with various levels of responsibility. For example, a vice-president of marketing might have an assistant vicepresident who is in charge of a departmental director, and so on.

Copyright © 2007, 2000, 1997, 1987, by Barron's Educational Series, Inc. Reprinted by arrangement with Publisher.


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