Asked by
Hayden Smart
on Nov 03, 2024
Verified
Which of the following is a function of the board of directors of a corporation?
A) Evaluating the performance of employees
B) Hiring the chief executive officer
C) Assigning specific tasks to employees
D) Maintaining personnel records
Chief Executive Officer
The highest-ranking executive in a company responsible for strategic decisions, overall operations, and acting as the main point of communication between the board of directors and corporate operations.
Board Of Directors
A group of elected individuals representing shareholders, responsible for overseeing the activities and governance of a company.
Evaluating Performance
The process of assessing the efficiency and effectiveness of actions or operations, typically in a business or organizational context.
- Acquire knowledge about the roles and accountabilities of crucial corporate governance actors, including the board of directors and shareholders.
Verified Answer
AS
Learning Objectives
- Acquire knowledge about the roles and accountabilities of crucial corporate governance actors, including the board of directors and shareholders.