Managerial hierarchies refer to the organizational structure of a company which shows the levels of authority and responsibility within the organization. Synonyms for this term include the chain of command, organizational pyramid, corporate ladder, power structure, and management tiers. The chain of command refers to the sequence of authority from the highest to the lowest levels in an organization. The organizational pyramid identifies the hierarchical levels and shows the number of employees at each level. The corporate ladder indicates the progression of employees who move up the hierarchical levels in an organization. The power structure denotes the distribution of decision-making power throughout the organization. The management tiers highlight the levels within the administrative structure of an organization.