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Q: Business Stucture and Management USA ( Answered,   0 Comments )
Question  
Subject: Business Stucture and Management USA
Category: Business and Money > Employment
Asked by: shauncollopy-ga
List Price: $20.00
Posted: 07 Nov 2005 15:11 PST
Expires: 07 Dec 2005 15:11 PST
Question ID: 590256
What is the difference between an Executive Vice President and a Vice
President in US business structure?  i.e. which one is higher and what
does the word 'Executive' infer in the title.
Answer  
Subject: Re: Business Stucture and Management USA
Answered By: wonko-ga on 08 Nov 2005 09:43 PST
 
Executive vice presidents outrank vice presidents, typically being one
of the highest ranks in American business.  The word executive is
added to the title to convey the position's executive power (the
holder's ability to issue directives to lower-level managers for
execution).

Sincerely,

Wonko

Sources:

"A vice president is an officer in government or business who is next
in rank below a president.

The name comes from the Latin vice meaning in place of."

"Vice President" InvestorDictionary.com (2005)
http://www.investordictionary.com/definition/vice+president.aspx

"Executive Vice President: a vice president holding executive power"

"Executive Vice President" WordReference.com (2005)
http://www.wordreference.com/definition/executive%20vice%20president

"An Executive Order (EO) is a directive issued to executive-level
agencies, department heads, or other employees from the President
under the President's statutory, or constitutional powers. In many
ways, the EO is similar to written orders, or instructions the
president of a corporation might send to department heads or
directors."

"Executive Orders" About.com (December 18, 1997)
http://usgovinfo.about.com/library/weekly/aa121897.htm

"The study found that women were more likely than men to be hired and
promoted to mid- and low-level management jobs -- such as vice
president, assistant vice president, secretary, treasurer and
comptroller -- positions where there were already significant numbers
of women. But they were far less likely than men to be hired or
promoted to top-level executive positions, such as president, chief
executive officer and senior executive vice president -- positions
where women were scarce. "

"Women have access to executive jobs only when other women
already hold such jobs, Cornell study finds
Findings have important implications for affirmative action 
debate"
Cornell University (March 20, 1996)
http://www.news.cornell.edu/releases/March96/Haveman.dg.mjh.html

Search terms: "Executive Vice President" "vice president" meaning;
"executive power" corporation; "executive vice president" "vice
president" corporate hierarchy
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