In a For-Profit Corporation,the ____ Primary Objective Is to Oversee

question 61

Multiple Choice

In a for-profit corporation,the ____ primary objective is to oversee the organization's business activities and management for the benefit of all stakeholders,including shareholders,customers,employees,suppliers,and the community.

• A) chief executive officer's
• B) board of directors'
• C) chief financial officer's
• D) chief privacy officer's

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Definitions:

Servant Leadership

A form of leadership that involves going beyond one’s own self-interests and having a genuine concern to serve others and a motivation to lead.

Transformational Leadership

A leadership approach that causes change in individuals and social systems, inspiring followers to exceed their own interests.

True Commitment

A genuine and profound dedication or loyalty to a cause, activity, or relationship, often demonstrated through consistent actions over time.

Exchange Relationship

A type of social interaction based on reciprocity, where the parties involved provide benefits or services to each other with the expectation of receiving something of equivalent value in return.