Which of the following positions is responsible for the oversight, strategy formulation, and guidance at a large corporation?
A)CEO
B)Company president
C)Stockholders
D)Board of Directors

Question

Quizplus · Accepted Answer

The Board of Directors is responsible for the oversight, strategy formulation, and guidance at a large corporation. The CEO and Company President report to the Board of Directors and are responsible for the day-to-day operations of the company. Stockholders own shares in the company and have the power to vote on certain decisions, but they do not typically play a direct role in corporate strategy and guidance.

Which of the Following Positions Is Responsible for the Oversight