Fundamental to the "two- tier" board structure is the existence of two separate boards which are:.
A)executive and non- executive
B)management and supervisory
C)executive and supervisory
D)management and non- executive

Question

Quizplus · Accepted Answer

The "two-tier" board structure typically consists of a management board and a supervisory board. The management board is responsible for the day-to-day operations of the company, while the supervisory board oversees and advises the management board, ensuring that the company's operations align with the broader strategic goals and regulatory requirements. This structure is common in some European countries, such as Germany.

Fundamental to the "Two- Tier" Board Structure Is the Existence