Asked by SamanthaRey Colón on Jun 06, 2024
Verified
The board of directors generally manages the day-to-day affairs of the company.
Board of Directors
A group of individuals elected by the shareholders of a company to oversee and make decisions on its behalf.
- Absorb the knowledge of what roles and responsibilities shareholders, directors, and officers hold within a corporation.
Verified Answer
NM
Najwa MamatJun 09, 2024
Final Answer :
False
Explanation :
The board of directors is responsible for setting the overall direction and strategy of the company, but the day-to-day affairs are typically managed by the executive team and other employees.
Learning Objectives
- Absorb the knowledge of what roles and responsibilities shareholders, directors, and officers hold within a corporation.
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