A company is a democratic institution wherein the Board of Directors is representatives of the shareholders who are the owners. Owners have minimal influence in running the business. Shareholders are spread all over the country and a very small percentage attend the general meetings. The Board of Directors enjoy freedom in exercising their power, and sometimes they go against the interests of the shareholders. Dissatisfied shareholders have no option but to sell their shares and exit the company. This is the example of:
A. Oligarhic management
B. Monoply Management
C. Openness Management
D. Joint Management
Answer:A
A company is a democratic institution wherein the Board of Directors is representatives of the shareholders who are the owners. Owners have minimal influence in running the business. Shareholders are spread all over the country and a very small percentage attend the general meetings. The Board of Directors enjoy freedom in exercising their power, and sometimes they go against the interests of the shareholders. Dissatisfied shareholders have no option but to sell their shares and exit the company. This is the example of:
A. Oligarhic management B. Monoply Management C. Openness Management D. Joint Management