GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Staff
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Board of Directors
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Management
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Proprietors
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Detailed explanation-1: -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-2: -The executive board is composed of insiders elected by employees and shareholders, is headed by the CEO or managing officer, and is in charge of daily business operations.
Detailed explanation-3: -A corporation’s business and affairs are managed by or under the direction of its board of directors. Although the board has the power to make all decisions on behalf of its corporation, many business decisions are actually made by the corporation’s officers.
Detailed explanation-4: -A company’s board of directors is the group of people elected by the company’s shareholders to manage the company.
Detailed explanation-5: -Shareholder control To take matters up one level, although the Board asserts control in the Boardroom, the Board itself is controlled by the shareholders, who collectively have the right to appoint Directors by voting at shareholders’ meetings.