The role of the board of directors in an organization is to:
A) hire successful employees from competitors' firms to gain advantage in the market.
B) encourage a monoculture among employees throughout the organization and create an ethnocentric internal work environment.
C) hire employees based on intuition rather than using systematic selection techniques.
D) monitor the actions of the top management team to ensure that stockholders' interests are protected.

Question

Quizplus · Accepted Answer

The board of directors is responsible for overseeing the organization's management to ensure that it acts in the best interests of the shareholders. This includes monitoring the actions of the top management team to protect stockholders' interests, rather than focusing on hiring practices, promoting a monoculture, or relying on intuition for employee selection.

The Role of the Board of Directors in an Organization