The board determines corporate policy in a number of areas,including:

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All of the choices listed are areas in which the board of directors plays a major role in determining corporate policy. The board is responsible for selecting and removing officers, determining the capital structure of the corporation, initiating fundamental changes such as mergers or acquisitions, and declaring dividends to shareholders. These are all important decisions that can have a significant impact on the success of the corporation, and are therefore the responsibility of the board.

The Board Determines Corporate Policy in a Number of Areas,including