Chief Executive officer lec:05 Flashcards

basic info about CEOs

1
Q

What is executive?

A

A high-ranking manager (e.g., CEO) overseeing strategic decisions and operations.

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2
Q

Types of executives?

A
  1. Nominal/titular and real executive.
  2. Hereditary and elected executives.
  3. Single and plural executives.
  4. Parliamentary and presidential.
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3
Q
  1. Nominal/Titular vs. Real Executive
A

Nominal: Symbolic head (e.g., constitutional monarchs like the British King).
Real: Holds actual power (e.g., Prime Minister in the UK, President in India).

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4
Q
  1. Hereditary vs. Elected Executive
A

Hereditary: Inherited position (e.g., monarchies like Saudi Arabia).
Elected: Chosen through elections (e.g., U.S. President, French President).

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5
Q
  1. Single vs. Plural Executive
A

Single: Power vested in one person (e.g., U.S. President).
Plural: Power shared among a group (e.g., Swiss Federal Council).

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6
Q
  1. Parliamentary vs. Presidential Executive
A

Parliamentary: The executive emerges from and is accountable to the legislature (e.g., the UK Prime Minister).
Presidential: Executive independent of the legislature (e.g., U.S. President).

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