Question 40
Business OrganisationsA public liability company is run on a daily basis by
- A.the chief executive
- B.the shareholders
- C.the board of directors
- D.financial consultants
Show the answer and explanation
Answer: A (the chief executive)
Explanation
The board of directors meets from time to time to set policy, but the day-to-day running of a public limited company is the job of the chief executive (managing director) and the managers under him.