The organizational structure of a corporation permits:
A)The company management to elect the Board of Directors.
B)Stockholders to elect the Board of Directors.
C)Stockholders to elect the officers and management team.
D)Employees (by committee)to elect the officers of the company.

Question

Quizplus · Accepted Answer

The organizational structure of a corporation typically allows stockholders to elect the Board of Directors, who are responsible for making major corporate decisions and overseeing the company's management team. However, employees may have a say in the election of officers through the collective bargaining process or employee representation on the Board of Directors, but this is not the standard practice. Therefore, option B is the best choice.

The Organizational Structure of a Corporation Permits