What are the responsibilities of the CEO in a functional organization?
What will be an ideal response?
The U-form structure (the other name for a functional organization) goes well with the cost-leadership strategy. The CEO in a U-form structure has the responsibility of formulating the strategy of the firm and the additional responsibility of coordinating the activities of the functional specialists in the firm to facilitate the implementation of the strategy. The CEO has a unique role in this structure since he/she is the only person in the organization that has a broad, multifunctional corporate perspective.
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