Asked by Adrian Badillo on Jul 29, 2024
Verified
Kay and Leo form Metro Delivery Inc. Responsibility for all policymaking decisions related to corporate affairs lies with Metro's
A) board of directors.
B) high-level managers.
C) chief executive officer.
D) shareholders.
Policymaking Decisions
Choices and judgments made by governing bodies or officials regarding the establishment of rules, laws, or regulations intended to manage public affairs.
Corporate Affairs
Activities related to the operation and management of a corporation, including its legal, financial, and communications strategies.
- Understand the function of shareholders within the context of corporate governance and the decision-making process.
Verified Answer
ZK
Zybrea KnightAug 03, 2024
Final Answer :
A
Explanation :
The board of directors is responsible for making all policymaking decisions related to corporate affairs, as they oversee the company's overall direction and strategy.
Learning Objectives
- Understand the function of shareholders within the context of corporate governance and the decision-making process.