12
QuizMultiple Choice

3.9 Business Structures

Question 12 • RAIL NCAA OC Economics 2027

Analyze the chart, which depicts a typical corporate structure.

Question illustration
Answer
A
run the business by electing a board of directors, who then hire the company’s leaders.
B
run the business by electing a board of directors and hiring a president and other leaders.
C
make business decisions on the advice of a board of directors, a president, and other leaders.
D
make business decisions on the advice of a board of directors, who follow the expertise of leaders.
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