To the extent that a board of directors begins to operate a business on a day-to-day basis, it goes beyond its capabilities.

Question

Quizplus · Accepted Answer

The primary responsibility of a board of directors is to provide strategic direction and oversight for a business, not to handle day-to-day operational tasks. When a board starts getting involved in operational details, it can become overstretched and lose sight of its primary duties.

To the Extent That a Board of Directors Begins to Operate