A corporation hierarchy chart refers to the arrangement and organization of individuals within a corporation according to power, status, and job function. A hierarchy, in general, is any system or organization in which people or groups are ranked one above the other in terms of status or authority. While most corporations and businesses have hierarchies, they can be members of any organization, including governments and organized religions. The Corporation Hierarchy Chart delineates authority and responsibility and designates leadership over a corporation's employees, departments, divisions, and other executives based on their position within the strata. Small businesses generally have a simple organizational structure, whereas larger corporations usually have a more complex system.