Which Board of Director's Duty Falls Under the Category of Control

question 92

Multiple Choice

Which board of director's duty falls under the category of control and oversight over management?

• A) Select new directors
• B) Pass bylaws and related resolutions
• C) Select the CEO
• D) Maintain good public image
• E) Ensure equitable stockholder representation

---

Definitions:

Strategic Management

The method of creating, executing, and assessing interdisciplinary decisions that help an organization fulfill its goals.

Just-in-time Scheduling

A production strategy that reduces inventory costs by receiving goods only as they are needed for the production process.

Economic Order Quantity

Is a model used in inventory management to determine the optimal order size that minimizes the total holding costs and ordering costs.

Management by Objectives

Management by objectives is a strategic management model where goals are defined for each employee and performance is assessed based on these goals.