The method by which a firm is being governed, directed, administered, or controlled is

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The term "corporate governance" refers to the system of rules, practices, and processes by which a company is directed and controlled. This includes the relationships between various stakeholders such as shareholders, management, and the board of directors, as well as the policies and procedures used to make decisions and manage risk. Management (B) is a broader term that refers to the process of directing and controlling resources within an organization to achieve specific goals. Management by objectives (C) is a specific management technique that involves setting goals and objectives for each employee or team and then monitoring progress toward those goals. Management by decree (D) is not a commonly used term, but it generally refers to a style of management where decisions are made unilaterally by a single leader or ruler, without input or feedback from others.

The Method by Which a Firm Is Being Governed, Directed