Which of the following is a major function of the Board of Directors of a company?

Question

Quizplus · Accepted Answer

The Board of Directors is responsible for aligning the corporate strategy with the interests of the stockholders, ensuring that the company is headed in the right direction and creating long-term value for the stockholders. They are the ones who set the overall direction and priorities of the company and make decisions that affect the company's future. The other choices listed may be responsibilities of managers within the company, but they are not major functions of the Board of Directors.

Which of the Following Is a Major Function of the Board