Question
Who manages a corporation?
original owners and shareholders
board of directors and managers
the Securities and Exchange Commission
shareholders and banks
original owners and shareholders
board of directors and managers
the Securities and Exchange Commission
shareholders and banks
Answers
GPT-4o mini
A corporation is typically managed by the **board of directors and managers**. The board of directors is responsible for overseeing the corporation’s overall direction and strategic decisions, while managers handle the day-to-day operations. Shareholders own the corporation but do not manage it directly.