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Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy. Typically, senior managers are "higher ...
Office of profit. An office of profit means a position that brings to the person holding it some financial gain, or advantage, or benefit. It may be an office or place of profit if it carries some remuneration, financial advantage, benefit etc. It is a term used in a number of national constitutions to refer to executive appointments.
An ex officio member is a member of a body (notably a board, committee, council) who is part of it by virtue of holding another office. The term ex officio is Latin, meaning literally 'from the office', and the sense intended is 'by right of office'; its use dates back to the Roman Republic . According to Robert's Rules of Order, the term ...
The Foreign Emoluments Clause is a provision in Article I, Section 9, Clause 8 of the United States Constitution, [1] that prohibits the federal government from granting titles of nobility, and restricts members of the federal government from receiving gifts, emoluments, offices or titles from foreign states and monarchies without the consent ...
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. [1] A holding company usually does not produce goods or services itself. Its purpose is to own stock of other companies to form a corporate group . In some jurisdictions around the world, holding companies are called ...
When pollsters hired by CV Maker asked more than 4,500 people what they considered to be the most annoying corporate buzzword or phrase, these were the top answers: Synergy. Outside the box. Take ...
A board of directors (commonly referred simply as the board) is an executive committee that supervises the activities of a business, a nonprofit organization, or a government agency . The powers, duties, and responsibilities of a board of directors are determined by government regulations (including the jurisdiction's corporate law) and the ...
Since the pandemic, everything from a four-day workweek to the need to be in the office has been called into question. But who will answer these queries with true authority has yet to come to light.