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

Board of directors should not become directly involved in managerial decisions as it is the responsibility of the management team to make these decisions. The board's role is to oversee and advise the management team, not to make day-to-day operational decisions.

The Requirements of a Board of Directors Vary Significantly by Country