Harry is one of the top managers in RPLD Corporation. He, along with seven other members, takes the major decisions of the company and oversees its operation. Although Harry is not the owner of the corporation, he holds stocks in the company and has the power to appoint a chief executive officer (CEO) for the company. In this scenario, Harry is part of the _____ of RPLD Corporation.
A) board of valuers
B) board of directors
C) board of corporators
D) board of regents

Question

Quizplus · Accepted Answer

Harry is part of the board of directors, which is responsible for making major decisions, overseeing operations, and appointing the CEO in a corporation.

Harry Is One of the Top Managers in RPLD Corporation