What is one of the primary responsibilities of the board of directors in a corporation?
Duties of Board of Directors

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Managing daily tasks of employees
Controlling large-scale decision-making
Designing marketing campaigns
Handling customer service inquiries
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Who does the board of directors appoint to oversee the management of the company?
Marketing managers
Executive officers
Customer service agents
Sales representatives
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key aspect of the board's role in strategic planning?
Managing social media accounts
Designing product packaging
Setting the strategic mission and company-wide policies
Organizing team-building events
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which financial decisions require the board's approval?
Office supply purchases
Employee salary adjustments
Major financing decisions like selling equity
Daily petty cash expenses
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the board ultimately accountable for in terms of legal responsibilities?
Creating new laws
Ensuring adherence to existing laws and regulations
Drafting employee contracts
Setting up company events
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