Final Answer:
All decisions regarding compliance with extortion demands will be made by the Chief Executive Officer of the establishment. Thus, the correct answer is Option 1 Chief executive officer.
Step-by-step explanation:
In a scenario involving compliance with extortion demands, the ultimate authority and responsibility for decision-making rest with the Chief Executive Officer (CEO) of the establishment. The CEO holds the highest executive position in most organizations and is entrusted with crucial decisions that impact the well-being and operations of the company. The choice of the CEO as the decision-maker in this context is based on their overall leadership role, strategic decision-making authority, and accountability for the organization's actions.
The CEO, being the highest-ranking official, possesses the comprehensive understanding of the organization's values, financial implications, and potential consequences of compliance or non-compliance with extortion demands. This individual is typically responsible for safeguarding the company's interests, its employees, and its stakeholders. Decisions related to extortion demands require a careful balance between ethical considerations, legal obligations, and the overall welfare of the organization. The CEO, having a broad perspective on these matters, is best positioned to make such critical decisions that may have far-reaching consequences.
In summary, designating the CEO as the decision-maker ensures a clear and accountable chain of command in handling extortion demands. This approach aligns with established corporate governance structures, where the CEO is the ultimate authority responsible for steering the organization through complex and challenging situations. Therefore, the correct answer is Option 1 Chief executive officer.