The _______ is/are responsible for the objectives and policies of the company,but not its day-to-day affairs.

Question

Quizplus · Accepted Answer

The board of directors is responsible for setting company objectives and policies, as well as appointing executive management to handle day-to-day affairs. Shareholders have some authority in decision-making through voting, but their role is not typically focused on policy-making or day-to-day management. Creditors are not typically involved in the corporate governance of a company.

The _______ Is/are Responsible for the Objectives and Policies of the Company,but