The organizational structure of a corporation permits:
A)The company management to elect the Board of Directors.
B)Stockholders to elect the Board of Directors.
C) Stockholders to elect the officers and management team.
D)Permit employees, by committee to elect the officers of the company.

Question

Quizplus · Accepted Answer

According to traditional corporate governance, the board of directors is elected by the stockholders. The management team is then hired by the board of directors. Employees do not typically have a role in electing corporate officers. Therefore, choice B is the correct answer.

The Organizational Structure of a Corporation Permits