Which of the following is among the major duties of a board of directors?
A) Approving the overall advertising message for the firm.
B) Ensuring legal and ethical conduct.
C) Assessing and conducting reviews of all employees.
D) Selecting frontline managers.
E) Lobbying on behalf of the firm.

Question

Quizplus · Accepted Answer

The board, led by the chairperson, makes major decisions affecting the organization, subject to corporate charter and bylaw provisions. Boards select, assess, reward, and perhaps replace the CEO; determine the firm's strategic direction and review financial performance; and ensure ethical, socially responsible, and legal conduct.

Which of the Following Is Among the Major Duties of a Board