Which best describes the decision-making process for a corporate business organization? a) the shareholders run the day to day operations of the business, making all decisions. b) the partners of the firm make decisions jointly, as laid out in the articles of partnership. c) shareholders elect the board of directors, who then hire the managing officers of the company, such as the ceo. eliminate d) the cfo hires a board of governors to oversee the structure of the corporation, and mid-level managers to run the day to day operations.

The correct answer is C) Shareholders elect the Board of Directors, who then hire the managing officers of the company, such as the CEO.

The option that best describes the decision-making process for a corporate business organization is Shareholders elect the Board of Directors, who then hire the managing officers of the company, such as the CEO.

A corporation is a business entity that operates distinctly from its owners. The owners of the corporation associates with other people and they become the stakeholders. They elect the group called the Board of Directors that are the responsible to lead, hire and supervise the managing officers that are going to run the operations on a daily basis.

A general manager is the one who is the operative leader or the Company and is responsible for the success of the operation. He or She needs to present positive results monthly or quarterly to the Board of Directors to justify its effectiveness. The Board of Directors presents those results to the stakeholders, who are the people who invest their money in the corporation.

C) Shareholders elect the Board of Directors, who then hire the managing officers of the company, such as the CEO.

This is the option that best describes the way in which a corporation operates. A corporation is a company owned by a group of people. This group tends to be large, and they are called shareholders. Shareholders have occasional meetings, but the day-to-day operations of the company are performed by the managing officers of the company (such as the CEO) who are hired by the shareholders.

the articles of confederation only set up the continental congress at the federal level. there were no executive or judicial branches except within the states. the states were allowed to keep every right that was not specifically given to congress. the bonding of the states was through a 'firm league of friendship' that best served as a defense agreement against invasion. states were not allowed to use taxes as a way to discourage treaties, and states were extremely limited in their dealings with foreign nations.

not many historians today talk about the strengths of the articles of confederation, likely because of how unpopular the document quickly became. the articles did set the legislative body, congress, as the highest power in the nation because of the fear of monarchy. congress had the sole power to declare war, assign treaties, entertain foreign relations, and operate post offices. disputes between states and territorial issues were to be brought to congress. the document also stipulated that canada was allowed to enter the union if they desired.

there were more weaknesses than strengths under the articles of confederation. the lack of power given to the continental congress strangled the federal government. the articles gave congress the power to pass laws but no power to enforce those laws. if a state did not support a federal law, that state could simply ignore it. congress had no power to levy taxes or regulate trade. without a federal court system or executive leader, there would be no way to enforce these laws, either. amending the articles of confederation would also require a unanimous decision, which would be extremely difficult.

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