The board of directors of a corporation is charged with the management functions,including policy development,and is answerable directly to the shareholders,who may vote them out of office should they perform poorly.

Question

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The board of directors is responsible for overseeing the management of a corporation, including policy development, and is accountable to the shareholders, who have the power to remove them through voting if they are dissatisfied with their performance.

The Board of Directors of a Corporation Is Charged with the Management