2006-11-15 04:22:39 · 2 answers · asked by gy_milwaukee 1 in Business & Finance ➔ Small Business
The reason that there is only one Captain on a ship, is the same reason that there should be one CEO - Someone has to make the ultimate decision, and take responsibility for that decision.
As Harry Truman once said, "The buck stops here."
2006-11-15 11:03:50 · answer #1 · answered by PALADIN 4 · 0⤊ 0⤋
The term CEO which means Chief Executive Officer , would imply one. That is my gut feeling. There could be Co-presidents of a company, I used to work for one.
the one I worked for, the CEO had retired, and the two directly below him were promoted to the same rank to take over as co-presidents. The corporate boys and other head honchos would soon negotiate and vote on a new CEO.
2006-11-15 12:36:31 · answer #2 · answered by Tenchu 4 · 0⤊ 0⤋