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* ***Executive Management:*** This is the team of people who are responsible for the day-to-day management of the company. The executive management team is led by the Chief Executive Officer (CEO), and it typically includes other senior executives such as the Chief Financial Officer (CFO), the Chief Operating Officer (COO), and others. Executive management is responsible for implementing the strategic direction set by the board of directors and for overseeing the company's operations. They are responsible for making decisions about the company's day-to-day activities, managing its resources, and ensuring that it achieves its goals. In your Grade 12 studies, you'll learn about the responsibilities of the CFO, who is responsible for managing the company's finances, including financial reporting, budgeting, and financial planning. Executive management is accountable to the board of directors for their performance. The board evaluates the performance of the executive management team and holds them accountable for achieving the company's goals.
