$lna$ limited liability company $($LLC$),$ a named manager $($or managers$)$ generally has the day$-$to$-$day operational responsibilities, while the non$-$managing members typically are investors with little input on the course of business taken by the entity except for major decisions $($such as a merger$).$

Muluiple Choice

manager$-$managed

stakeholder$-$managed

stockholder$-$managed

member$-$managed