Final answer:
The group of people who own a corporation are called c. shareholders, who elect a board of directors to oversee the company's management.
Step-by-step explanation:
The group of people who own a corporation are known as shareholders. A public company is one in which stocks are sold to financial investors and can be traded in the public markets. The shareholders form a broad and diverse group, which can number in the thousands or even millions, and they have the power to vote for the company's board of directors.
These directors then have the responsibility to hire executives to manage the company's day-to-day operations. Furthermore, the number of shares a shareholder owns correlates to the amount of influence they can exert during these votes, as more shares equal more votes.