How are management decisions executed in a corporation?(1 point) Responses The shareholders are tasked with appointing corporate officers that are responsible for management decisions. The shareholders are tasked with appointing corporate officers that are responsible for management decisions. A board of directors is formed to make management decisions, consisting of every shareholder with at least a 10% stake in ownership of the corporation. A board of directors is formed to make management decisions, consisting of every shareholder with at least a 10% stake in ownership of the corporation. The shareholders elect a board of directors that is responsible for management decisions and day-to-day operations. The shareholders elect a board of directors that is responsible for management decisions and day-to-day operations. The shareholder with the largest controlling stake gets ownership status and is entitled to make all management decisions. The shareholder with the largest controlling stake gets ownership status and is entitled to make all management decisions.

Answer 1

The management decisions in a corporation are typically executed by a board of directors, who are elected by the shareholders. The board of directors is responsible for making important decisions regarding the company's operations, strategy, and overall direction. They also appoint corporate officers, such as the CEO and other executives, who are responsible for implementing the decisions made by the board. Ultimately, the board of directors acts on behalf of the shareholders to ensure the long-term success and growth of the corporation.