Question
33. In the study of ownership, management, and control, ownership does not immediately imply control; how do owners exert control firms course of actions? a.
33. In the study of ownership, management, and control, ownership does not immediately imply control; how do owners exert control firms course of actions?
a. Through the internal control function
b. Through selecting proxy representations
c. Through the CEO
d. Through management entrusted with fiduciary duty
34. In the study of ownership, management, and control, management are in the position of control, however, management cannot dictate the certainty of success and the course of the business. Therefore, how do management ensures control over firms operations?
a. Through the CEO
b. Through selecting proxy representations
c. Through management entrusted with fiduciary duty
d. Through the internal control function
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