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How is management different in a corporation than in a partnership? In a corporation, the business decisions are made by the shareholders while in a

How is management different in a corporation than in a partnership?

  1. In a corporation, the business decisions are made by the shareholders while in a partnership, they are made by the partners.
  2. There is no difference between the management of a corporation and a partnership.
  3. In a corporation, the hiring is done by special committee while in a partnership, the majority partner does the hiring.
  4. In a corporation, the management of the business is separate from the owners while in a partnership, partners are both managers and owners.
  5. In a corporation, the owners are also managers while in a partnership, the two roles are held by different groups.

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