Podcast
Questions and Answers
What is the main role of a board of directors in a company?
What is the main role of a board of directors in a company?
- Set strategy and oversee management (correct)
- Manage day-to-day operations
- Elect shareholders
- Handle mergers and acquisitions
In the context of public companies, who elects the board of directors?
In the context of public companies, who elects the board of directors?
- Suppliers
- Senior managers
- Customers
- Shareholders (correct)
What is a key responsibility of the board of directors related to senior managers?
What is a key responsibility of the board of directors related to senior managers?
- Micromanage their tasks
- Choose their team members
- Handle day-to-day operations
- Set their pay (correct)
How are board of directors candidates typically nominated?
How are board of directors candidates typically nominated?
What requirement do the New York Stock Exchange and Nasdaq impose on listed companies regarding board members?
What requirement do the New York Stock Exchange and Nasdaq impose on listed companies regarding board members?
How are the structure and powers of a board of directors determined?
How are the structure and powers of a board of directors determined?
What is one of the primary responsibilities of a board of directors?
What is one of the primary responsibilities of a board of directors?
Which of the following is NOT a key function of a board of directors?
Which of the following is NOT a key function of a board of directors?
How does a board of directors contribute to a company's direction?
How does a board of directors contribute to a company's direction?
Which of the following is a responsibility of a board of directors?
Which of the following is a responsibility of a board of directors?
How does a board of directors contribute to a company's financial oversight?
How does a board of directors contribute to a company's financial oversight?
What is a responsibility of a board of directors during a crisis situation?
What is a responsibility of a board of directors during a crisis situation?
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