Which answer best describes shareholders taking control of management throughtakeover action?Replace management by hiring college graduates.O Replace management by electing board members who can replace them.O Replace management by having lower levels take over daily operationsNone of the above.

Taking over management of a company by its shareholders is an essential part of corporate governance…

Answered: Which answer best describes…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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Which answer best describes shareholders taking control of managemen takeover action? O Replace management by hiring college graduates. O Replace management by electing board members who can replace them. O Replace management by having lower levels take over daily operations O None of the above.