Respuesta :
The answer is in corporations. The owners of a corporation are its shareholders, but these shareholders (or investors) select a board of directors that supervise most of the decisions - including those that deal with day to day operations. A business organization where the owners have the greatest input and decision-making on the day to day operations is the sole proprietorship.
In corporations' type of business, the organization does the owners have the least input and decision-making on the day to day operations.
Further explanation:
A corporation is a legal entity which is distinct and separate from its owners. It enjoys several rights and responsibilities which a person possesses. These corporations can borrow money, enter contracts and loans.
THE DAY-TO-DAY OPERATIONS OF CORPORATIONS
The shareholder receives one vote per share. The board of directors executes the corporation's business plan. The board of directors must take all the means to do so. The members of the board are not responsible for the corporation's debts.
While some individuals feel that a corporation enhances the image of a business. There is one disadvantage also is potential double taxation. Business owners increase their salaries to wipe out or reduce corporate profits.
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Answer details:
Grade: Middle School
Subject: Social Studies
Topic: The Day-To-Day Operations Of Corporations
Keywords: corporations, decision-making, taxation, business, contracts, loans, corporate, profits
