A Board of Directors' Three Formal Responsibilities Are to ________

question 73

Multiple Choice

A board of directors' three formal responsibilities are to ________.

• A) periodically update the firm's business plan, declare dividends, and write the firm's marketing plan
• B) appoint the officers of the firm, declare dividends, and oversee the affairs of the corporation
• C) write the firm's strategic plan, declare dividends, and conduct the annual meeting
• D) appoint the officers of the firm, conduct the annual meeting, and submit the firm's annual report to the Securities & Exchange Commission
• E) provide funding to the firm, write the firm's strategic plan, and submit the firm's annual report to the Securities & Exchange Commission

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Definitions:

Core Temperature

The temperature of the inner parts of the body, vital for the proper functioning of organs.

Tympanic

Refers to the membrane separating the external ear from the middle ear, playing a critical role in hearing by transmitting sound vibrations.

Pulmonary Artery

The artery carrying deoxygenated blood from the right ventricle of the heart to the lungs for oxygenation.

Automatic Blood Pressure Device

A device used to measure blood pressure automatically using electronic sensors and a cuff that inflates and deflates.