Management Team
Basic Groups
Information
True or False
Shareholders
100
What is a CEO?
Chief Executive Officer:Is typically responsible for the entire operations of the corporation and reports directly to the board of directors.
100
Shareholders
(stockholders) Have ownership in the company, they receive a certificate identifying the number of stocks they own.
100
What is a Shareholders role?
Shareholders serve as the owners of the corporation, although they have no involvement in direct management.
100
Shareholders have the right to sell their shares.
True
200
What is a CFO?
Chief Financial Officer: Reports directly to the CEO and is responsible for analyzing and reviewing the financial data, reporting financial performance, and preparing budget, and monitoring expenditures and costs.
200
Board of Directors
Separates ownership from management. The board of directors usually set policy for the corporation and make the major business and financial decisions.
200
What are Owned Corporations
Is a corporation that is regulated by the Securities and Exchange Commission.
200
Shareholders don't have the right to vote on the directors nominated by the board
False, they are allowed to vote.
300
What is a COO?
Chief Operating Officer:Is responsible for the day-to-day operations of the organization and reports directly to the CEO
300
Corporate Officers
Corporate officers are elected by the board of directors and are responsible for operation and management of the company
300
What is the Exchange Commission?
The Exchange Commission is a federal agency which holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and options exchanges, and other electronic securities markets.
300
Shareholder have the right to whichever assets remain after a liquidation.
True (Liquidation: when a company (or part of a company) is brought to an end, and the assets and property of the company redistributed)
400
What is a CIO
Chief Information Officer:responsible for the information technology and computer systems that support enterprise goals.
500
What is a CLO?
A Chief Legal Officer: Responsible for all legal inquiries and disputes.
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