In Corporations, Owners Are __________________ and Managers Are ________________

question 65

Multiple Choice

In corporations, owners are __________________ and managers are ________________.

• A) agents; principals
• B) stockholders; bondholders
• C) agents; employees
• D) principals; agents

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Definitions:

Knowledge Worker

An individual whose main capital is knowledge, typically engaged in the task of solving complex problems, generating ideas, or developing new information or products.

Marketing

Marketing is the process of promoting, selling, and distributing a product or service, involving market research and advertising to meet consumer needs.

Instructions

Directives or commands that are given to a computer or a person, guiding them on how to perform specific tasks or operations.

Desired Output

The expected result or product from a process, system, or activity.