Final answer:
The controller of a company is in charge of accounting requirements and does not handle raising capital or setting production policies. Companies can raise funds through bonds or stock, with venture capitalists providing oversight and venture capital.
Step-by-step explanation:
The controller of a company is primarily responsible for internal and external accounting requirements. This role includes overseeing financial reporting, auditing, compliance, and preparing financial statements. Controllers might also be involved in strategic planning and supporting senior management's decision-making process. They are not typically in charge of raising capital, managing cash, investments, and investor relations, nor directly setting policies that impact production, which are more associated with the roles of a CFO or operations manager.
A corporation can raise funds through various means, such as issuing bonds or stock. Bonds require a company to make regular interest payments, while issuing stock does not obligate a company to make payments, although it may choose to pay dividends. Moreover, venture capitalists provide venture capital and can offer close oversight of a company's management and strategy due to their substantial equity stake and therefore have better information than a typical shareholder.