Final answer:
In a boundaryless organization, management flattens the hierarchy and minimizes status and rank by removing vertical boundaries.
Step-by-step explanation:
In a boundaryless organization, management flattens the hierarchy and minimizes status and rank by removing vertical boundaries. By eliminating the rigid vertical structure, employees have more opportunities to collaborate and participate in decision-making processes, regardless of their position in the organization. This fosters a more inclusive and egalitarian work environment where input and ideas can come from anyone within the organization.