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.

---

Definitions:

Empathy

Reacting to another’s feelings with an emotional response that is similar to the other’s feelings.

Marathon

A long-distance running event with an official distance of 42.195 kilometers, typically a race, requiring endurance and stamina.

Pleasure

A feeling of happiness, enjoyment, or satisfaction derived from an experience.

Accomplishment

The achievement of a goal or the completion of a task, often resulting in a sense of satisfaction.