Generally, a Corporation Is Owned by The

question 54

Multiple Choice

Generally, a corporation is owned by the:
I. Managers; II) Board of Directors;
III. Shareholders

• A) I only
• B) II and III
• C) III only
• D) I, II and III

---

Definitions:

Vertical Integration

The business strategy where a company owns its supply chain, from production to point of sale.

Diversification Strategy

An approach to business growth through increasing the variety of products, services, or markets served.

Different Business Areas

Various functional sectors within a company, such as finance, marketing, operations, or human resources, each responsible for specific tasks.

Diversification

A strategy that involves entering into new markets or industries or creating new products to spread and reduce risks.