The Separation of Ownership from Control Exists Where the Shareholders

question 24

True/False

The separation of ownership from control exists where the shareholders, who own the company, are a different set of individuals from the managers that control the business on a day-to-day basis.

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Definitions:

Performance Risk

The potential threat that an action or strategy may not achieve its intended results or performance goals.

Management Development

A systematic process of training and growth by which individuals improve their management skills and capabilities.

Senior Leadership

The group of top executives and managers who make strategic decisions, guide an organization's direction, and ensure its success.

Developmental Assignment

A job assignment that is designed to develop the employee's skills and competencies as part of their career development.