WESTWARD EXPANSION INDUSTRIALIZATION URBANIZATION 1870 1900
SECOND INDUSTRIAL REVOLUTION
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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: -Public companies are owned in part by shareholders who do not actually manage or deal with the company’s day-to-day operations. Some of these actions entail voting to add or remove members of a firm’s board of directors.
Detailed explanation-2: -The board of directors of a public company is elected by shareholders. The board makes key decisions on issues such as mergers and dividends, hires senior managers, and sets their pay. Board of directors candidates can be nominated by the company’s nominations committee or by outsiders seeking change.
Detailed explanation-3: -In simple terms, the CEO is the top senior executive over management, while the board chairperson is the head of the board of directors. The CEO is the top decision-maker for the company and the person who oversees the daily operations and logistics. All of the senior management executives report to the CEO.
Detailed explanation-4: -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.