When the management of a business is conducted by individuals other than the owners,the business is most likely to be a:

Question

Quizplus · Accepted Answer

A corporation is a type of business entity in which the management of the organization is conducted by a board of directors, who are appointed by the shareholders. The owners of the corporation are typically not involved in the day-to-day management of the business, and instead delegate those responsibilities to the board of directors and other managers.

When the Management of a Business Is Conducted by Individuals