Who are responsible for making operational decisions for corporations?
A) Managers hired by the shareholders through their elected board of directors
B) Shareholders
C) Investors and directors of the company
D) The managing directors and the partners of the company

Question

Quizplus · Accepted Answer

Managers hired by the shareholders through their elected board of directors are responsible for making operational decisions for corporations. Shareholders play a key role in electing the board of directors and providing financial support, but they do not typically get involved in the day-to-day management and decision-making of the company. Investors and directors also have some influence on operational decisions, but ultimately it is the managers who are responsible for executing the strategies and making the decisions that drive the company's success. The managing directors and partners may have some input, but they are not typically the sole decision makers in a corporation.

Who Are Responsible for Making Operational Decisions for Corporations