______ refers to the line of demarcation between various managerial positions in an organisation.
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Hierarchy
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Authority
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Power
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Command
A
Correct answer
Explanation
Hierarchy refers to the vertical arrangement of managerial positions in an organization, creating clear lines of authority and reporting relationships. It establishes the levels of management and demarcates who has authority over whom. Authority (B) is the power to give orders, Power (C) is the ability to influence, and Command (D) is the act of directing - hierarchy is the structural arrangement that contains these.