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Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]
There are considerable variations in the composition and responsibilities of corporate titles. Within the corporate office or corporate center of a corporation, some corporations have a chairman and chief executive officer (CEO) as the top-ranking executive, while the number two is the president and chief operating officer (COO); other corporations have a president and CEO but no official deputy.
In business and for engineering economics in both industrial engineering and civil engineering practice, the minimum acceptable rate of return, often abbreviated MARR, or hurdle rate is the minimum rate of return on a project a manager or company is willing to accept before starting a project, given its risk and the opportunity cost of forgoing other projects. [1]
In economics and accounting, the cost of capital is the cost of a company's funds (both debt and equity), or from an investor's point of view is "the required rate of return on a portfolio company's existing securities". [1] It is used to evaluate new projects of a company.
Some companies have infused creativity into their job titles as a way to elevate otherwise generic-sounding positions. Others have doled out inventive titles in lieu of promotions or pay raises ...
At some point, hokey, crazy job titles became more common; back in 2006, Forbes noted the trend and blamed tech startups (including AOL, which had a CEO of Love at one point.)
Employees with inflated titles may also be simply unable to perform the task of their counterpart, uninflated role at another company. [8] Research suggests that employers are using job title inflation to cut cost in finding talent; job title inflation is shown to have cut employees of $4 billion in overtime pay. [9]
Beth Braccio Hering, Special to CareerBuilder Many jobs have similar-sounding names, which can lead to confusion. ... 22 Commonly Confused Job Titles. CareerBuilder. Updated July 14, 2016 at 9:13 PM.