Question

Based on the chart, the primary responsibility of shareholders is to run the business by electing a board of directors, who then hire the company’s leaders. Run the business by electing a board of directors and hiring a president and other leaders. Make business decisions on the advice of a board of directors, a president, and other leaders. Make business decisions on the advice of a board of directors, who follow the expertise of leaders.

Answer 1

The main purpose of the shareholders is to run the business by electing a board of directors, who then hire the company’s leaders.

Shareholders of a Company

• Are the owners of the company.
• Elect a Board of Directors to oversee the company.

The Board of Directors will then hire the leaders of the company who will then oversee the day to day running of the company. These leaders will be accountable to the Board to ensure they act in the best interests of the shareholders.

In conclusion, option A is correct.

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