Public limited liability companies are democratic in natu...
Public limited liability companies are democratic in nature because
Government appointees are members of the board
They are run by elected public officers
Electoral principles are adopted in the day-to-day management
Shareholders elect the board of directors
Correct answer is D
The directors could not dictate the decisions in the company as the rights in decision making process also vest in the hands of shareholders. Thus democracy is maintained well.
If the demand for a product with perfect elastic supply increases, there will be ...
The main objective of privatizing a government business is to ...
Parallel markets are usually the results of ...
Import duties will increase total expenditure on imports, if the demand for imports is ...
For the improvement of the welfare of a people, a high production level is not enough because ...
The grouping of a population into males and females is known as the ...
The practice of selling goods overseas and often below the cost of production is known as ...
If a country operates a freely floating exchange rate system and suffers a balance of payment,&...