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Apple Micro and Macro Environment

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Submitted By rahmamohamed
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1) A Public limited company is runned by a board of directors who are appointed by the shareholders of the company. This is done during the general meeting through voting by each shareholder.
The average members of board of directors are 9 in most of the companies.
They are legally responsible for company’s record accounts and performance. They also can hire other people to manage the day-to-day activities of the company.
They can however be disqualified from being accompany director if they don’t meet the legal responsibilities such as keeping proper company accounting records.

2) Management is the coordination of the business activities in order to meet the objectives set by the shareholders of the company.
The public limited companies are managed in two ways: I. The traditional management system with the board of directors.
The board of directors is the executive organ carrying out the management and administrative duties of the company. II. The dual management system. It is divided into two that is: * The management board which is in charge of managing the company. * The supervisory board that is permanently monitoring e management of the company work. Board of Directors
Public limited company has a minimum of three directors. The board of directors are appointed in the general meeting by the shareholders for a maximum term of 6 years as stated in the articles of association. A director can resign on his or her own free will but will be required to continue with his duties until another director is appointed in the next general meeting. Management Management system is run by two organs the management board and the supervisory board. The management system enables fair distribution of power between the two

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