Who are the individuals charged with the responsibility for

Who are the individuals charged with the responsibility for directing the day-to-day operations of a business?

a.managers

b.customers

c.investors

d.shareholders

Solution

Managers. (which is Option A)

_____

Explanation:

Customers are in no way involved in the management of the company. Infact, the company should function in such a way that the demands of its customers are satisfied in the most appropriate manner. Therefore, Option B is incorrect.

Investors/Shareholders are the individuals who invest in or own the shares of the company. In other words, they are treated as owners of the company. They have the right to appoint directors who are expected to act in the best interests of the company and its various stakeholders. Therefore, Option C and Option D are incorrect.

Directors/Managers (depending on the size of the organization) are the appointed representatives of shareholders/investors who are responsible for the day to day function of the organization. Therefore, Option A is correct.