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The ultimate responsibility for strategy within an organization typically rests with its top leadership, including the board of directors and executive management. These leaders are tasked with setting the organization's vision, making strategic decisions, and ensuring alignment with its goals and values. They are accountable for the long-term direction and overall performance, guiding the organization through market changes and ensuring sustainable growth. Ultimately, their decisions shape the strategic framework that drives the entire organization.

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2mo ago

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What do CEOs get?

CEOs are the top people in a company who have ultimate responsibility for its operation.


What is the difference between a vision and a mission statement?

A vision statement is (or should be) a very simple, and very brief, statement of the goals an organization's founders have in mind for it, i.e., the place they envision the organization occupying in the future. A mission statement is about the founders' general goals regarding the organization as a whole. Once the founder's general vision for the firm has been put into words, a mission statement, more specific than the vision statement, and geared to the organization's customers and other stakeholders, serves as a compass and an official statement of the general business strategy by which the firm will move toward the achievement the founders' vision. Although there is a lot more involved in business strategy down through all levels of an organization, the mission statement serves as a roadmap to achievement of the vision, which is the ultimate destination.


Who has the ultimate responsibility of overall management in a corporation?

Board of directors From Miller &Jentz "B usiness Law Today" standard edition (9th)


Why is the ultimate responsibility for the content and presentation of document lies within the Business writer?

The ultimate responsibility for the content and presentation of a document lies with the business writer because they are accountable for ensuring that the information is accurate, clear, and aligned with the intended message and audience. They must synthesize information effectively, adhere to company guidelines, and maintain a consistent tone and format. Additionally, the writer's expertise in communication shapes how the content is perceived and impacts the overall effectiveness of the document in achieving its goals. Ultimately, the writer serves as the bridge between the information and the audience, making their responsibility critical.


What is the difference between responsibility and accountability with regards to delegation?

Responsibility refers to the obligation to complete a task or duty, while accountability involves being answerable for the outcomes of that task. In delegation, a manager assigns responsibility to a team member to execute a specific task, but remains accountable for the overall results. This distinction underscores that while the delegated individual is responsible for carrying out the task, the manager retains ultimate accountability for its success or failure.

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