Compare and Contrast Private Corporations and Public Corporations

question 28

Essay

Compare and contrast private corporations and public corporations.

---

Definitions:

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors and attitudes.

Board Of Directors

A group of individuals elected to represent shareholders or members, responsible for governing an organization's activities, setting strategic direction, and making major decisions.

Leadership Styles

The various approaches and strategies used by leaders to motivate, guide, and manage teams, ranging from authoritarian to democratic to transformational methods.

Contingency Theory

A leadership theory that suggests the effectiveness of a leader is determined by how well their leadership style matches the current situation.