Which of the Following Individuals Has the Most Power to Influence

question 71

Multiple Choice

Which of the following individuals has the most power to influence corporate policy on a long-term basis?

• A) A shareholder owning 60% of the outstanding ordinary share.
• B) A shareholder owning 80% of the outstanding preference share.
• C) The treasurer of the corporation.
• D) The controller of the corporation.

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Definitions:

Business Cycles

The fluctuations in economic activity that an economy experiences over a period of time, marked by periods of expansion and contraction.

Economic Fluctuations

Variations in the level of economic activity over a period of time, often characterized by periods of growth (expansions) and contraction (recessions).

Retrenchment Strategy

A business strategy focused on reducing the scale or scope of a corporation's operations to become more financially stable.

Adaptation Model

A theoretical framework that explains how individuals adjust to changes or challenges in their environment over time.