In a Large Company, Who Is Most Responsible for Devising

question 82

Multiple Choice

In a large company, who is most responsible for devising the corporate strategy?

• A) the CEO of the company
• B) the lower-level employees in the company
• C) the head of the production department in the company
• D) the human resource manager in the company

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, granting them certain rights such as voting on corporate matters.

Financing Source

Any mechanism or method through which an entity obtains funds to finance its operations, projects, or investments.

Banks

Banks are financial institutions licensed to receive deposits, offer loans, and provide various financial services, including currency exchange, wealth management, and safe deposit boxes.