What fundamentally defines an executive job position, according to the text?
Answer
The scope of accountability and responsibility for overall organizational direction.
The defining characteristic of an executive role is not the title on a business card, but rather the scope of accountability and the responsibility for setting the high-level strategy, policy, and goals for the entire organization or a significant segment thereof.
Related Questions
What fundamentally defines an executive job position, according to the text?What is the primary function of an executive as characterized by the Bureau of Labor Statistics data?What aspect distinguishes executive decision-making authority from that of a senior manager?Which common executive designation is primarily focused on the day-to-day administration and execution of business plans?What does the text state about the relationship between an executive title and executive status?What is the temporal focus that contrasts an executive's mindset with a manager's?In terms of scope, what must executives do that functional managers do not?What is the ultimate consequence for executives when a major policy fails?What must career progression to an executive role emphasize over deep technical mastery?What specific example illustrates the difference in decision-making power between a manager and an executive regarding budget?