BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -The board of directors of a public company is elected by shareholders. The board makes key decisions on issues such as mergers and dividends, hires senior managers, and sets their pay. Board of directors candidates can be nominated by the company’s nominations committee or by outsiders seeking change.

Detailed explanation-2: -The CEO is the highest-ranking employee within any organization; they report to the Board of Directors. Core responsibilities include setting and executing the organization’s strategy, allocating capital, and building and overseeing the executive team.

Detailed explanation-3: -The board chairman (also chairperson, chairwoman or chair) is the highest officer of an organized group such as a board, a committee, or a deliberative assembly. The person holding the office is typically elected or appointed by the members of the group.

Detailed explanation-4: -The executive board is headed by the CEO or managing director, who employees and shareholders elect. The executive board is responsible for the day-to-day operations of the business. The supervisory board is chaired by an independent outside director (the chair) and consists of non-executive directors.