The responsibility for establishing corporate mission and strategy lies with the
A) planning task force.
B) executive committee.
C) chief executive officer.
D) board of directors.
E) stockholders.

Question

Quizplus · Accepted Answer

The board of directors is responsible for establishing the corporate mission and strategy, as they are responsible for overseeing the overall direction and performance of the organization. The executive committee and planning task force may assist in developing the mission and strategy, but the ultimate responsibility lies with the board. The chief executive officer and stockholders may provide input, but do not have the primary responsibility for establishing the mission and strategy.

The Responsibility for Establishing Corporate Mission and Strategy Lies with the