The primary responsibility of the board of directors is to __________.

Question

Quizplus · Accepted Answer

The board of directors is responsible for overseeing the affairs of the organization, including setting strategic direction, ensuring financial stability, and hiring and evaluating top management. They are not responsible for making daily operational decisions or doing tactical planning. It is important to note that while the board provides oversight and guidance to top management, they do not tell them what to do.

The Primary Responsibility of the Board of Directors Is to __________