As per the Anglo-Saxon Model of Corporate Governance, the authority lies with the following. Arrange these in decreasing order of authority.

A. Board of Directors

B. Managers

C. Shareholders

D. Employees (Company)

E. Trade unions

Choose the correct sequence from the options given below

1
A, B, C, D, E
2
A, C, B, E, D
3
C, A, B, D, E
4
C, B, E, A, D

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