An organization that is owned by shareholders but managed by agents on their behalf is conventionally known as the modern:

Related MCQs

• Shareholders have the right to know all except:
• The system that is used by firms to control and direct their operations and the operations of their employees is called:
• Where an organization takes into account the effect its strategic decisions have on society, this is known as:
• The modern corporation has four characteristics. These are limited liability, legal personality, centralized management and:
• Stakeholders are considered more important to an organization when:
• A is a problem, situation, or opportunity requiring an individual, group, or organization to choose among several actions that must be evaluated as right or wrong.
• In a organization, decision making is delegated as far down the chain of command as possible.
• How many stages are in the model of an organization social responsibility progression?
• The position is that a corporation can and should be evaluated not only in terms of its financial bottom line, but also in terms of its environmental bottom line and its social/ethical bottom line.
• Inside traders ordinarily defend their actions by claiming that they don’t injure: