Analyze the chart, which depicts a typical corporate structure.


A chart shows sample corporate structure. The shareholders are at the top, then the board of directors, and then the president or C E O. Below the President and C E O are 3 positions at the same level: the V P of sales, the V P of marketing, and the V P of production.


Based on the chart, the primary responsibility of shareholders is to


run the business by electing a board of directors, who then hire the company’s leaders.

run the business by electing a board of directors and hiring a president and other leaders.

make business decisions on the advice of a board of directors, a president, and other leaders.

make business decisions on the advice of a board of directors, who follow the expertise of leaders.