An analyst in the corporate finance department at chase manhattan bank has been assigned to an interdepartmental project involving a major client. he must report to two different supervisors⎯the project manager and the manager of his department. this sort of organizational structure is called a structure.

dual reporting

Explanation:
In a dual reporting structure (also called a multi-faceted reporting structure), two departments or organizations work synonymously under a corporate entity.
An individual whose skills fit under both organizations would, therefore, report to two supervisors in each of the two departments while working on a project. 

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.