The stakeholder group with ultimate authority over the use of a corporation's resources is ________.
A) managers
B) customers
C) government
D) shareholders

Question

Quizplus · Accepted Answer

Shareholders are the owners of the corporation and therefore have ultimate authority over the use of its resources. They have the power to elect the board of directors, who in turn hire and oversee the management team. While other stakeholder groups such as managers, customers, and government may have influence and input into decision-making, the shareholders have the final say.

The Stakeholder Group with Ultimate Authority Over the Use of a Corporation's