Question: How does a large corporation make decisions? a. Shareholders elect the members of the board of directors, and directors appoint corporate officers who in turn

How does a large corporation make decisions?

a.

Shareholders elect the members of the board of directors, and directors appoint corporate officers who in turn make the day to day decisions.

b.

Shareholders elect corporate officers, and officers elect the members of the board of directors. Directors make the day to day management decisions.

c.

Board members and corporate officers make joint decisions on day to day management decisions. Directors can remove officers, but officers cannot remove directors.

d.

The shareholders vote on day to day management issues so that they effectively run the company. Officers carry out shareholders decisions.

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