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Private Sector Executives  

Definition of Occupation

Determine and formulate policies and business strategies and provide overall direction of private sector organizations. Plan, direct, and coordinate operational activities at the highest level of management with the help of subordinate managers. Top executives devise strategies and formulate policies to ensure that these objectives are met. The nature of other high-level executives' responsibilities depends upon the size of the organization. Some managers, for instance, are responsible for the overall performance of one aspect of the organization, such as manufacturing, marketing, sales, purchasing, finance, personnel, training, administrative services, computer and information systems, property management, transportation, or the legal services department. In smaller organizations, a general manager often is responsible for purchasing, hiring, training, quality control, and day-to-day supervisory duties.