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Determines the corporations long-term strategy

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Question: A corporation includes various levels and types of governance: the Board of Directors, Officers, other management and finally the 'rank-and-file' employees.

Briefly explain the role and legal responsibilities of each to (a) the corporation and (b) the corporation's shareholders.

Who determines the corporation's long-term strategy?

Who decides how best to achieve those long-term goals?

Who actually does the work to achieve the long-term goals?

Reference no: EM13687850

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