Who Is Responsible for Running the Day-To-Day Business of a Corporation

question 56

Multiple Choice

Who is responsible for running the day-to-day business of a corporation?

• A)Administrators
• B)Members of the board of directors
• C)Shareholders
• D)Investors
• E)Officers

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Definitions:

Job Design Strategies

Job design strategies involve creating roles and responsibilities within an organization that enhance worker satisfaction and productivity.

Work Efficiency

The ability to accomplish tasks with the minimum expenditure of time and effort.

Ownership Culture

A work environment where employees are encouraged to think and act like owners, typically involving practices that share profits, stock options, or decision-making power.

Organizational Objectives

The specific goals that an organization aims to achieve, which guide its operations and strategic planning.