A corporate board of directors does not generally
A)select officers.
B)formulate operating policies.
C)declare dividends.
D)execute policy.

Name: A corporate board of directors does not generally A)select officers. B)formulate operating policies. C)declare dividends. D)execute policy.
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Question

Quizplus · Accepted Answer

The board of directors typically sets policies and makes high-level decisions, but it does not execute or implement these policies; that is the role of the company's management.

A Corporate Board of Directors Does Not Generally