The___________ Has/have the Ultimate Responsibility in Guiding Corporate Affairs and Carrying

question 118

Multiple Choice

The___________ has/have the ultimate responsibility in guiding corporate affairs and carrying out policies.

• A) chief executive officer
• B) board of directors
• C) stockholders
• D) creditors

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Definitions:

External Environmental Changes

Alterations in the external factors such as economic conditions, societal trends, or regulatory landscape that can impact an organization's operations.

Corporate Culture

The shared values, beliefs, attitudes, and practices that characterize an organization and guide its members’ behavior.

Buyers' Reservations

The highest price a consumer is willing to pay for a good or service, or the conditions under which a consumer will choose not to complete a purchase.

Service Quality

The assessment of how well a delivered service conforms to the expectations of the customer.