The board of directors usually appoints the _____ to manage the company on a daily basis.
A) chief executive officer
B) common stockholders
C) preferred stockholders
D) angel investor

Question

Quizplus · Accepted Answer

The chief executive officer (CEO) is typically appointed by the board of directors to manage the company on a daily basis. Common and preferred stockholders are not involved in the day-to-day management of the company, and an angel investor is an individual who invests in a startup company but does not typically have a role in management.

The Board of Directors Usually Appoints the _____ to Manage