The Board of Directors

question 19

Multiple Choice

The Board of Directors:

• A) consists exclusively of the officers of the corporation.
• B) is the legal body which is accountable for the governance of the corporation.
• C) are not subject to the external forces of the marketplace.
• D) is appointed by the Securities and Exchange Commission (SEC).

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Definitions:

Singularity

Singularity refers to a hypothetical future point in time at which technological growth becomes uncontrollable and irreversible, resulting in unforeseeable changes to human civilization.

Strategic Decisions

High-level choices made by an organization's leadership that set the direction and scope of the company over the long term.

Marketing Strategy

A comprehensive plan formulated to achieve the marketing objectives of an organization, which includes target market identification and applying the marketing mix effectively.