Which of the Following Is Responsible for Managing the Business

question 24

Multiple Choice

Which of the following is responsible for managing the business of a corporation?

• A) Investors
• B) Shareholders
• C) Officers
• D) Administrators
• E) Members of the board of directors

Identify potential errors in communication and strategies to mitigate them.

Appreciate the significance of feedback in the communication process.

Understand the role of emotional intelligence in effective leadership.

Identify the key traits and behaviors associated with successful leaders.

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Definitions:

Counteroffer

A response to an offer in negotiations that makes modifications to the initial offer.

Common Law

Common Law is a body of unwritten laws based on legal precedents established by the courts.

Mirror Image

A rule in contract law stating that an offer must be accepted exactly with no modifications; the acceptance must "mirror" the offer.

Mutual Assent

Mutual assent is the agreement between parties to enter into a contract, demonstrated by offer and acceptance.