In Many Corporations,the Managers of the Corporation Run the Corporation,although

question 159

Multiple Choice

In many corporations,the managers of the corporation run the corporation,although the shareholders own the corporation.In this situation

• A)there are no inside directors on the board of directors.
• B)there is separation of ownership from control.
• C)there are no outside directors on the board of directors.
• D)there is no corporate governance.

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Definitions:

Organization Chart

An organization chart is a diagram that displays the structure of an organization and the relationships and relative ranks of its parts and positions/jobs.

Major Subunits

The primary or most significant divisions, departments, or components within an organization.

Matrix Structure

An organizational layout that combines two or more types of structures, typically functional and product-based, to leverage benefits of both.

Cross-functional Teams

Groups composed of members from different departments or areas of expertise, working together towards a common objective.