5
QuizMultiple Choice
Business Structures
Question 5 • RAIL NCAA OC Economics 2027
Analyze the chart, which depicts a typical corporate structure.
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.