Who Are Responsible for Making Operational Decisions for Corporations

question 37

Multiple Choice

Who are responsible for making operational decisions for corporations?

• A) Managers hired by the shareholders through their elected board of directors
• B) Shareholders
• C) Investors and directors of the company
• D) The managing directors and the partners of the company

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Definitions:

Demanding Stakeholders

Individuals or groups with an interest in a company's performance who have high expectations and requirements that can influence management decisions.

Urgency Attribute

A characteristic or quality related to the need for quick or immediate action.

Dangerous Stakeholders

Individuals or groups that can pose a risk to a project or business due to their influence or actions.

Power and Urgency

The combination of having the influence to drive actions and the necessity of prompt action due to compelling circumstances.