3 ms·
That wouldn't fit most definitions of democracy (which would be variations of "every person gets a single equal vote"). Most companies are more of an oligarchy.
by hobofan 8y ago
That wouldn't fit most definitions of democracy (which would be variations of "every person gets a single equal vote"). Most companies are more of an oligarchy.
- mrep 8y agoNeither is the US. The US is a democratic republic: we vote in congress, the senate, and the president who then make decisions for us on our behalf. Public companies are similar: shareholders vote in board members, who then elect a CEO for the company on our behalf.