What’s the difference between a tycoon and CEO

Question

Honestly i need help

In: 4

Answer 1

A CEO is the chief executive of an organization, regardless of the size of the organization. Some small businesses with three employees might have a CEO just as an enormous multinational corporation might. In some organizations, CEOs are hired by and report to a board of directors, and other organizations a CEO is a member of that board. The key aspect of this term is authority.

A tycoon is a person who is wealthy because of their domination of some some business, industry, or resource. Sometimes they are on a board, or have a position such as president or CEO of a company. However, they might not have any administrative position at all other than to own the resource. The key aspects of this term are wealth and domination.

Answer 2

A CEO is the chief executive of an organization, regardless of the size of the organization. Some small businesses with three employees might have a CEO just as an enormous multinational corporation might. In some organizations, CEOs are hired by and report to a board of directors, and other organizations a CEO is a member of that board. The key aspect of this term is authority.

A tycoon is a person who is wealthy because of their domination of some some business, industry, or resource. Sometimes they are on a board, or have a position such as president or CEO of a company. However, they might not have any administrative position at all other than to own the resource. The key aspects of this term are wealth and domination.