Senior management is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a corporation. There are most often higher levels of responsibility, such as a board of directors and those who own the company (shareholders), but they focus on managing the senior management instead of the day-to-day activities of the business. A board of directors is a group of individuals chosen by the stockholders of a company to promote their interests through the governance of the company. ... A shareholder or stockholder is an individual or company (including a corporation), that legally owns one or more shares of stock in a joint stock company. ...
They are sometimes referred to, within corporations, as top management or simply seniors.
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