Comparison Between President, Ceo and Coo
-------------------------------------------------
Attention to Dr.Abdel Moneim Elsaid
-------------------------------------------------
Student Name: Ahmad Mohammad Nabih (Group 39 A)
-------------------------------------------------
Extra Assignment
The evolution of public ownership has created a separation between ownership and management. Before the 20th century, many companies were small, family owned and family run. Today, many are large international conglomerates that trade publicly on one or many global exchanges.
In an attempt to create a corporation where stockholders' interests are looked after, many firms have implemented a two-tier corporate hierarchy. On the first tier is the board of governors or directors: these individuals are elected by the shareholders of the corporation. On the second tier is the upper management: these individuals are hired by the board of directors.
In a small co. the Owner can be the only person or there can be several owners of a company and the larger the organization the more layers of titles.
In a corporation with many different businesses (a conglomerate), there may be one CEO who oversees a number of presidents, each running a different business of the conglomerate and reporting to the one CEO. In a company with subsidiaries, it would be unusual to have one person carry out the roles of both CEO and president.
A company without subsidiaries may have one person execute the roles of CEO and president (and perhaps even chairman). As such, greater communication and contact can be achieved between the board of directors, which sets policies, and the president, who oversees the day-to-day operations of the company.
In relatively small companies in North America, it is quite common for a single person to hold the positions of CEO and Chairman of the Board as well as the title 'President'.
In the United States the CEO may also be the chairman of the board or the company president in small businesses, but these
Attention to Dr.Abdel Moneim Elsaid
-------------------------------------------------
Student Name: Ahmad Mohammad Nabih (Group 39 A)
-------------------------------------------------
Extra Assignment
The evolution of public ownership has created a separation between ownership and management. Before the 20th century, many companies were small, family owned and family run. Today, many are large international conglomerates that trade publicly on one or many global exchanges.
In an attempt to create a corporation where stockholders' interests are looked after, many firms have implemented a two-tier corporate hierarchy. On the first tier is the board of governors or directors: these individuals are elected by the shareholders of the corporation. On the second tier is the upper management: these individuals are hired by the board of directors.
In a small co. the Owner can be the only person or there can be several owners of a company and the larger the organization the more layers of titles.
In a corporation with many different businesses (a conglomerate), there may be one CEO who oversees a number of presidents, each running a different business of the conglomerate and reporting to the one CEO. In a company with subsidiaries, it would be unusual to have one person carry out the roles of both CEO and president.
A company without subsidiaries may have one person execute the roles of CEO and president (and perhaps even chairman). As such, greater communication and contact can be achieved between the board of directors, which sets policies, and the president, who oversees the day-to-day operations of the company.
In relatively small companies in North America, it is quite common for a single person to hold the positions of CEO and Chairman of the Board as well as the title 'President'.
In the United States the CEO may also be the chairman of the board or the company president in small businesses, but these