Which of the following describes the board of directors of a company?
A)Represent the shareholders of the company.
B)Ensure the company is run to benefit the employees.
C)Are all full-time employees of the company.
D)Do not include the chief executive officer.

Question

Quizplus · Accepted Answer

The board of directors represents the shareholders of the company and is responsible for making strategic decisions and overseeing the management of the company. They do not exist solely to benefit the employees, nor are they necessarily full-time employees themselves. The CEO is often a member of the board, but not always.

Which of the Following Describes the Board of Directors of a Company