The requirements of a board of directors vary significantly by country and by state; however, there is a developing consensus as to what the major responsibilities should be. Which of the following is NOT one of the responsibilities?

Question

Quizplus · Accepted Answer

The responsibility of the board of directors is not to become directly involved in managerial decisions. Instead, their role is to provide strategic oversight and guidance to the organization. It is the responsibility of the management team to make operational decisions and execute the strategies set by the board.

The Requirements of a Board of Directors Vary Significantly by Country