Operational decisions are made by the managers hired by the shareholders' elected board of directors.

Name: Operational decisions are made by the managers hired by the shareholders' elected board of directors.
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Question

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Operational decisions are made by managers who report to the board of directors, who are elected by the shareholders. Managers are responsible for day-to-day operations, while the board of directors are responsible for setting the overall direction and policies of the company.

Operational Decisions Are Made by the Managers Hired by the Shareholders