Which of the Following Is a Major Function of the Board

question 14

Multiple Choice

Which of the following is a major function of the board of directors of a company?

• A) Approving decisions made by divisional managers
• B) Monitoring line managers
• C) Aligning corporate strategy with stockholder interests
• D) Creating contracts with suppliers
• E) Designing marketing strategies for the company

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Definitions:

Unambiguous

Clear and precise with only one interpretation, leaving no doubt or confusion.

Ambiguous

Something that can be understood in more than one way; lacking clearness or definiteness.

Productivity

In industry, the capability to produce effectively, gauged by how much output is generated per input unit.

Reinforcement

In psychology, a process by which a behavior is strengthened or increased in frequency, often through the application of a reward or the removal of a negative stimulus.