Primary navigation:

QFINANCE Quick Links
QFINANCE Topics
QFINANCE Reference
Add the QFINANCE search widget to your website

Home > QFINANCE Dictionary > Definition of chain of command

Definition of

chain of command

General Management

hierarchical structure for passing down instructions the line of authority in a hierarchical organization through which instructions pass. The chain of command usually runs from the most senior personnel, through all reporting links in an organization's or department's structure, to a targeted person or to frontline employees. Line management relies on the chain of command in order for instructions to pass throughout an organization.

Recommended Further Reading (Term count)
  • Allocating Corporate Capital Fairly
    by John L. Mariotti
    The appetite of organizations for capital is insatiable. Understanding the nature of capital and its effective allocation is essential to organizational success. Classical economics defines land, labor, and capital as the determinants of wealth, each being exclusive to its owner. Now there is a fourth determinant of wealth—information—and it is nonexclusive. The more information is shared, the more valuable it becomes. Business is a competition...
chain of command - Related Articles
  • Allocating Corporate Capital Fairly

    Best Practice

    Appropriation requests go up the ladder to be approved by successively higher levels of management, and the higher one goes, the less informed the management tends to be. The originator’s chain of command includes gatekeepers from finance and accounting. Other functions affected often have sign
    By John L. Mariotti

  • Grow Globally: The New Altitude of Cross-Border M&A

    Best Practice

    social norms, including methods of communication, chains of command, power relations, ethics, and pace of life, to name just a few. In many countries it’s important to understand seniority and to whom questions must be addressed. With so much at stake, it’s worth the investment of resources to prepare, train, and develop those who will be conducting the due diligence abroad as well as making sure that they will ask the right questions and look for the answers in the right places
    By Mona Pearl

  • Framing Reputation: Vague Concept or Measurable Business Asset?

    Best Practice

    degree of control or influence over its reputation. While it cannot command people to perceive it in a certain way, it can try to influence perceptions through the actions it takes, and through the ways in which it communicates these actions directly and to those in a position to influence or shape other
    By Rupert Younger, Genoveffa Giambona

More

Definitions of ’chain of command’ and meaning of ’chain of command’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’chain of command’ and other financial terms with our online QFINANCE Financial Dictionary.

Back to top

Related Dictionary Terms

Related Dictionary Terms