The Board of Directors for a Corporation Is Elected by Its

question 76

Multiple Choice

The board of directors for a corporation is elected by its:

• A)Shareholders.
• B)managers.
• C)employees.
• D)creditors.

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Definitions:

Employees' Perceptions

The way in which workers view or understand aspects of their work environment, culture, leadership, and policies, influencing their job satisfaction and performance.

Ethical

Pertaining to or dealing with morals; relating to right and wrong in conduct.

Centralized

A system or structure where decision-making authority is concentrated at a single point or within a limited group, often at the top level of an organization or government.

Decentralized

The distribution of decision-making powers and operational responsibilities across different levels or locations in an organization, as opposed to centralization.