Which of the following is the group given the ultimate legal authority to change management?

Question

Quizplus · Accepted Answer

Shareholders are the owners of a company and hold the power to elect or remove the board of directors, who in turn have the authority to hire or fire top management. They ultimately have the legal authority to change management. Human resource managers do not have this authority. The mayor or city council may have jurisdiction over certain regulations or permits related to the company, but they do not have the power to change its management.

Which of the Following Is the Group Given the Ultimate