BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The followings are the duties of the Boards of Directors, except:
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Regularly evaluate, and, if necessary, replace the CEO; determine management compensation; review succession planning.
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Review & approve financial objectives, major strategies, and plans of the Corporation.
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Provide advice and counsel to top management.
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Manage day to day operations of the company
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Explanation:
Detailed explanation-1: -A company acts through two bodies of people-its shareholders and its board of directors. The board of directors are in charge of the management of the company’s business; they make the strategic and operational decisions of the company and are responsible for ensuring that the company meets its statutory obligations.
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