The two dimensions of management control of a small company usually involve which individuals?

Question

Quizplus · Accepted Answer

Both shareholders and corporate officers are usually involved in the two dimensions of management control of a small company. Shareholders have the right to vote on major decisions such as electing the board of directors and approving significant financial transactions. Corporate officers, on the other hand, are responsible for implementing these decisions and managing the day-to-day operations of the company. Therefore, both groups play a crucial role in the management and direction of a small company.

The Two Dimensions of Management Control of a Small Company