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In a public limited liability company, planning is carried out by

Commerce
JAMB 2018

In a public limited liability company, planning is carried out by

  • A. Employees
  • B. The chairman of the board
  • C. Shareholders
  • D. Manufacturer’s warehouse
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Correct Answer: Option C
Explanation

In a publicly traded company, people who choose to buy stock in the company become shareholders and gain partial ownership of the company. Shareholders collectively elect executive board members who make high-level decisions about the direction of the company

Shareholders are the major stake holders of the company


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WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995
WAEC offline past questions - with all answers and explanations in one app - Download for free
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 24709
WAEC offline past questions - with all answers and explanations in one app - Download for free
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
WAEC May/June 2024 - Practice for Objective & Theory - From 1988 till date, download app now - 99995