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Select the Proper Option from the Options Given Below and Rewrite the Completed Sentence. the Elected Representatives of Shareholders Are Called - Organisation of Commerce and Management

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Question

Select the proper option from the options given below and rewrite the completed sentence.
The elected representatives of shareholders are called ________.

Options

  • Directors

  • Members

  • Owners

MCQ

Solution

The elected representatives of shareholders are called directors.
Explanation:
Directors are the representatives of shareholders in a company. This is because the number of shareholders is large and they may belong to different places across the country. Therefore, they cannot take part in meetings. Thus, directors are elected or chosen to attend meetings on their behalf.

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Chapter 1: Forms of Business Organisations - Select the proper option [Page 36]

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Micheal Vaz Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Forms of Business Organisations
Select the proper option | Q 18 | Page 36

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