Large firms in Germany have a:
I.board of directors;
II.supervisory board;
III.management board

Question

Quizplus · Accepted Answer

Large firms in Germany have a two-tier corporate governance structure consisting of a supervisory board and a management board. The supervisory board oversees the work of the management board and is responsible for appointing and dismissing members of the management board. The management board, on the other hand, is responsible for the day-to-day management of the company. Therefore, both II and III options are correct.

Large Firms in Germany Have A