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Why does the chief executive must elaborate the major policy of the firm?
Wiki User
∙ 11y ago
No one else is in a position of having responsibility for all aspects of the company. The CEO must develop a vision of where the company is going and must set policies which create a corporate culture that will achieve that vision. Like vision, corporate culture critical to success and policies can be a good tool to change corporate culture so it creates new results.
Wiki User
∙ 11y ago
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