In a for-profit organization, the primary objective of which of the following is to oversee the organization's business activities and management for the benefit of shareholders, employees, customers, suppliers, and the community?
A)negotiator
B)board of directors
C)corporate ethics officer
D)corporate compliance officer

Question

Quizplus · Accepted Answer

The board of directors is responsible for overseeing the organization's business activities and management for the benefit of various stakeholders, including shareholders, employees, customers, suppliers, and the community. They are ultimately accountable for the success or failure of the organization and make decisions on behalf of the corporation. The negotiator is responsible for resolving conflicts or making deals, the corporate ethics officer ensures the organization follows ethical standards, and the corporate compliance officer ensures the organization follows legal and regulatory requirements. While these roles are important, they do not have the same level of responsibility and decision-making authority as the board of directors.

In a For-Profit Organization, the Primary Objective of Which of the Following