A Corporation Is Owned by Its

question 71

Multiple Choice

A corporation is owned by its

• A)board of directors.
• B)stockholders.
• C)employees.
• D)CEO.

---

Definitions:

Applicant

An individual who expresses formal interest in an open position or opportunity within an organization.

Pygmalion Effect

The phenomenon whereby higher expectations lead to an increase in performance; a form of self-fulfilling prophecy in the context of personal or organizational development.

Expectations

Beliefs or anticipations about the way things will or should be, often shaping behavior and perceptions.

Performance

A measurement of how effectively a task or activity is being accomplished.