In a large publicly owned corporation, who is responsible for implementing the business strategy and tactics?

Answer 1

Business consultants.

Answer 2

Operating managers.

Answer 3

Shareholders.

Answer 4

Don’t know

Answer 5

The three brothers since they own the majority of the business and are managers in the business.

Answer 6

Title to the business is shared by all owners in the proportion of their ownership.

Answer 7

The family members who are not in the business since operating managers cannot be owners.

Answer 8

Don’t know

Answer 9

There is no relationship. Passive owners have no interest in the company or its performance.

Answer 10

Both want the business to be financially successful.

Answer 11

Operating managers want short term performance and passive owners want long term performance.

Answer 12

Don’t know

Who has title to the business assets of a privately held company where three of the operating managers are brothers who own 60% of the company and the rest of the company is owned by family members who are not in the business?