Which of the following best describes the role of a Chief Executive Officer (CEO)?

The role of a Chief Executive Officer (CEO) primarily focuses on setting the company’s strategic direction and vision. This involves making high-level decisions that shape the long-term goals and objectives of the organization. The CEO determines the overall purpose and mission, aligning resources and energy towards achieving these aspirations.

In contrast, overseeing daily operations, managing financial transactions, and prioritizing employee training are typically roles assigned to other positions within an organization, such as operations managers, financial officers, or human resources leaders. While a CEO may involve themselves briefly in these areas, their main responsibility is to provide leadership and guidance for the entire company, aiming for growth and sustainability through strategic planning, rather than day-to-day management or specialized administrative tasks.