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An organization chart is a visual representation of what?
AThe flow of cash between the firm and its banks
BThe stages a product passes through in a factory
CThe market share held by each product of a firm
DStructured relationships among tasks and people
Answer & Solution
Correct answer: D. Structured relationships among tasks and people
1. An organization chart is drawn once jobs have been grouped.
2. It shows the structured relationships among tasks and the people given the authority to do those tasks.
3. Cash flows, production stages, and market shares are shown by other business documents.
_Source: OpenStax Introduction to Business (CC BY 4.0), Ch 7 "Designing Organizational Structures", section 7.1 Traditional Structures_
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