One of the key roles of the board of directors is to replace management when necessary.

Name: One of the key roles of the board of directors is to replace management when necessary.
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Question

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It is one of the primary responsibilities of the board of directors to oversee management, including the hiring and firing of executives. If management is not performing up to par or if there are changes in the company's strategy, the board may decide to replace the current management team.

One of the Key Roles of the Board of Directors