Which of the following is NOT a responsibility of the Board of Directors in accordance with the main principles of The UK Corporate Governance Code? ?
A) The board is responsible for determining the principle risks it is willing to take in achieving its strategic objectives and enacting appropriate risk management.
B) The board should seek out the views of major shareholders.
C) The board should oversee the operational activities of an organization to ensure that they are undertaken in an efficient and effective manner.
D) The board's roles include challenging and contributing to strategy development.

Question

Quizplus · Accepted Answer

The Board of Directors is not typically responsible for overseeing the day-to-day operational activities of an organization; this is usually the role of management. The board's role is more about governance, strategic oversight, and risk management.

Which of the Following Is NOT a Responsibility of the Board