How Do the Shareholders of Most Corporations Exercise Their Control

question 20

Multiple Choice

How do the shareholders of most corporations exercise their control of that corporation?

• A) by voting on issues that concern them
• B) by electing members of a board of directors
• C) by vetting the decisions of the board of directors
• D) by providing oversight of the day-to-day running of the corporation

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Definitions:

Training Funds

Financial resources allocated specifically for the purpose of education and training of personnel to improve skills and competencies.

Best Existing Qualifications

Refers to the highest level of education, skills, and experience that current candidates possess for a job or position.

Performance Potential

The capacity or ability of an individual, group, or system to perform or produce at a high level in future conditions or undertakings.

Assessment Centre

A type of employment test that examines how job candidates handle simulated work situations.