Explain the role of corporate officers in corporate governance
What will be an ideal response?
Answer: Corporate officers play a key role in corporate governance. They are the top executives who run the company. Because they implement major board decisions, make numerous other business decisions, ensure compliance with a dizzying range of government regulations, and perform other essential tasks, the executive team is the major influence on a company's performance and financial health. The highest-ranking officer is the chief executive officer (CEO). Other "C-level" executives, such as the following, assist the CEO: the chief financial officer (CFO), the chief information officer (CIO), the chief technology officer (CTO), and the chief operating officer (COO).
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Discuss why business legislation is enacted. Provide examples
What will be an ideal response?
The volume of sales (or calendar date) at which sales revenue of a product or service equals its
costs is known as the ________. A) Keynesian endpoint B) Morris-Putnam point C) break-even point D) reorder point
When the makers of Arm and Hammer Baking Soda created toothpaste containing baking soda as one of its ingredients, it was attempting to broaden its current brand with a new product. This strategy is called brand ________.
Fill in the blank(s) with the appropriate word(s).
An increase in GDP should lead to a decrease in imports
Indicate whether the statement is true or false.