Analyze the chart, which depicts a typical corporate structure.

a chart shows sample corporate structure. the shareholders are at the top, then the board of directors, and then the president or c e o. below the president and c e o are 3 positions at the same level: the v p of sales, the v p of marketing, and the v p of production.

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.
run the business by electing a board of directors and hiring a president and other leaders.
make business decisions on the advice of a board of directors, a president, and other leaders.
make business decisions on the advice of a board of directors, who follow the expertise of leaders.