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Running a corporation involves establishing a clear vision and mission, setting strategic goals, and ensuring effective governance through a board of directors. It requires managing resources, including finances, human capital, and operations, while adhering to legal regulations and ethical standards. Effective communication and leadership are crucial for motivating employees and fostering a positive corporate culture. Regular performance evaluations and adaptability to market changes are essential for long-term success.

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5mo ago

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What are corporation run by a board of directors chosen by?

Corporations are typically run by a board of directors chosen by the shareholders. Shareholders elect directors during annual meetings or special elections, and these directors are responsible for overseeing the company's management and making key decisions. The board's primary duty is to act in the best interests of the shareholders, ensuring the corporation's growth and profitability.


Which give stock holders a voice in how the corporation is run!?

Stockholders are given a voice in how a corporation is run primarily through voting rights associated with their shares. They can participate in important decisions by voting on matters such as the election of the board of directors, mergers and acquisitions, and corporate governance policies during annual general meetings or special meetings. Additionally, stockholders can influence management through proposals and shareholder resolutions, reflecting their interests and concerns regarding the company's direction.


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What are the powers and responsibility of the top management of a corporation?

They represent the corporation to the state and federal governments