Shareholders vote for __________ who are responsible for managing the overall strategy and operations of the firm over the long term.

Question

Quizplus · Accepted Answer

Shareholders vote for directors who are responsible for managing the overall strategy and operations of the firm over the long term. Directors are responsible for making major decisions such as hiring and firing executives, setting goals and objectives, developing and implementing strategies, and ensuring that the company adheres to legal and ethical standards. While financiers, coordinators, and administrators may play important roles in the company, they are not elected by shareholders and do not have overall responsibility for the firm's management.

Shareholders Vote for __________ Who Are Responsible for Managing the Overall