BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Full-time executives of the company, responsible for running a division or functional area
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Part-time appointees, chosen for a variety of reasons, including their knowledge, skills, contacts, influence, independence or previous experience
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The board of directors that fulfils a pivotal role in the organisation, by forming the link between the board and the management team of senior executives
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Shareholders whose personal assets belong to the company
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Detailed explanation-1: -An executive director is the senior operating officer or manager of an organization or corporation, usually at a nonprofit. Similar in many ways to the CEO role in a for-profit corporation, executive directors are responsible for steering the organization and managing its operations.
Detailed explanation-2: -An Executive Director is the working director of an organization whom we can say a full-time employee. It is also known as inside or internal director. Generally, it has a specified role in finance director, marketing operations etc on regular basis.
Detailed explanation-3: -Also known as chief executive officers or executive managers, executive directors are tasked with creating business plans, overseeing day-to-day activities, improving performance, developing organizational culture, supervising heads of departments, reporting on revenue, and directing organizational strategy.
Detailed explanation-4: -What is a director? A director is someone elected or appointed to manage a company’s business and affairs. Every registered company must have at least one director. Who your directors are, and key information about them, is recorded on the Companies Register.