When developing an organizational chart, you should
A) recommend dual titles for executives.
B) use the title "president" for the top person.
C) make sure that the chief financial officer is not at the same level as the chief operating officer.
D) have division presidents report to a chief operating officer.
E) have the controller or treasurer report directly to the president.

Question

Quizplus · Accepted Answer

Having division presidents report to a chief operating officer is a common and effective way to structure an organizational chart. It allows for clear lines of authority and ensures that each division is effectively managed and coordinated. It also allows the chief operating officer to have a comprehensive understanding of the company's operations and to make informed decisions about resource allocation and strategic direction.

When Developing an Organizational Chart, You Should