Axis Group has a publishing house, operates in the sports gear market, and owns a coffee plantation.A board of directors is responsible for the overall performance of the group.Identify the correct statement from the following.
A)The board will be responsible for all decision-making process.
B)The board will be in the best position to solve even a minor problem at the coffee plantation.
C)The sports gear firm's risk assessment team will also be responsible for assessing market risk for the group's other functional areas.
D)Decisions for the publishing house are likely to be taken by the individuals who head it, rather than the board of directors heading the entire group.

Question

Quizplus · Accepted Answer

Decisions for each functional area of the group are likely to be taken by the individuals who head them. The publishing house is a separate functional area, and its decisions are likely to be taken by its own leadership team rather than the board of directors heading the entire group.

Axis Group Has a Publishing House, Operates in the Sports