Oversight and strategy formulation and guidance for a large corporation are typically provided by which of the following positions?
A)The CEO
B)The company president
C)The stockholders
D)The Board of Directors

Question

Quizplus · Accepted Answer

The Board of Directors is responsible for providing oversight and formulating strategies for a corporation. They are elected by the shareholders and are responsible for making important decisions that affect the company's direction and future success. While the CEO and company president may play a role in strategy formulation, ultimately it is the Board's responsibility to provide guidance and oversight. Shareholders may have some input, but they do not have direct responsibility for the corporation's management and decision-making.

Oversight and Strategy Formulation and Guidance for a Large Corporation