business






 

Question by  Sammyjordan (4)

What does CEO mean?

I hear about men who are CEO of a company or a sport team. But what is it?

 
+7

Answer by  noblequest (64)

CEO means Chief Executive Officer and is usually the head of large companies especially conglomerates. He sits on board meetings and directs the affairs of the company in formulating policy and coordinating strategic decisions in order to achieve its vision. He holds executive powers and as such reports only to the board of directors.

 
+5

Answer by  John (9008)

CEO stands for "Chief Executive Officer." Generally, it means the ultimate head of a team or company. A CEO is basically the head of the organization, and only answers to the owner or board of directors.

 
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