Coordination. However, just like Hayek explained how it's much more practical and beneficial to rely on the impersonal price system for coordination than central planning. The bigger the company, the less beneficial to have CEO coordinate the company.
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What do you think is the job of the CEO?
Coordination. However, just like Hayek explained how it's much more practical and beneficial to rely on the impersonal price system for coordination than central planning. The bigger the company, the less beneficial to have CEO coordinate the company.