Which of the Following Is Not a Responsibility of the Board

question 4

Multiple Choice

Which of the following is not a responsibility of the board of directors?

• A) Monitor corporate strategy decisions and ensure that they are consistent with stockholder interests
• B) Develop the company's competitive strategy
• C) Hire, fire, and compensate the CEO
• D) Apply sanctions on management when appropriate
• E) Make sure the audited financial statements present a true picture of the company's financial situation

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Definitions:

Prone

A body position where the person lies flat with the chest down and the back up.

Weight-loss Surgery

A medical procedure aimed at aiding in weight reduction, usually by modifying the stomach or digestive system to limit food intake or nutrient absorption.

Modesty

The quality of being modest; in healthcare, it often refers to maintaining the dignity and privacy of patients during medical procedures.

Bariatric Program

A comprehensive term for the medical and surgical treatments for obesity, which may include dietary, behavioral, and exercise components, as well as surgical procedures.