Regarding the Separation of Corporate Ownership and Management,which of the Following

question 58

Multiple Choice

Regarding the separation of corporate ownership and management,which of the following is a true statement?

• A)The corporate officers elect the board of directors.
• B)The corporation runs better with day-to-day input from stockholders.
• C)None of the stockholders have the ability to manage the business of the corporation.
• D)Stockholders own the business,but a board of directors appoints corporate officers to manage the business.

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Definitions:

Acquisition Processes

The series of steps involved in acquiring goods or services, from identifying needs to receiving and integrating the acquired assets.

Uncertainty

The lack of certainty or predictability in situations, which can impact decision-making and planning in businesses and personal affairs.

Inventories

Quantities of goods or materials that are held by a business as part of its current assets for the purpose of resale or production.

Supply Chain

A system connecting a business with its providers to manufacture and deliver a particular item to the end consumer.