The ultimate power to control a company rests with the:

Question

Quizplus · Accepted Answer

The ultimate power to control a company lies with the shareholders because they are the owners of the company and have the right to vote on important matters such as the election of the board of directors and other important decisions that could impact the direction of the company. While managers and the board of directors have significant influence over day-to-day operations and strategic planning, they ultimately report to the shareholders who hold the power to remove them if they are not satisfied with their performance. While the CFO is an important position in the company, they do not hold ultimate control over the company's direction and decision-making.

The Ultimate Power to Control a Company Rests with The