ECONOMICS
ENTREPRENEURS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Either A or B
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None of the above
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Detailed explanation-1: -Also called a stockholder, they have the right to vote on certain matters with regard to the company and to be elected to a seat on the board of directors.
Detailed explanation-2: -A public company’s board of directors is chosen by shareholders, and its primary job is to look out for shareholders’ interests. In fact, directors are legally required to put shareholders’ interests ahead of their own.
Detailed explanation-3: -The executive board is made up of company insiders that are elected by employees and shareholders. In most cases, the executive board is headed up by the company CEO or a managing officer. The board is typically tasked with overseeing the daily business operations.
Detailed explanation-4: -The board of directors is elected by the shareholders of a corporation to oversee and govern the management and to make corporate decisions on their behalf. As a result, the board is directly responsible for protecting and managing shareholders’ interests in the company.