Answer: 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.
Explanation: <u>A shareholder is a person or an institution that owns shares in a company</u>. However, shareholders are partial owners of a company because they have a limited liability and do not manage neither the activities nor the operations of that company. In that way, <u>the most important role of the shareholders is to elect the board of directors, who are in charge of selecting the people that will lead the company.</u> Therefore, generally, shareholders are not involved in the management of the company.
