Ask Question
BusinessBusiness
13 May, 23:04

The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers. a. True b. False

+2
Answers (1)
  1. 14 May, 00:21
    0
    The given statement, "The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers" is true

    Explanation:

    A board of directors is a team of experts elected by stockholders of a company to serve the interest of the stockholders and ensure that the company management behaves on their behalf. The Chairperson or Chairman of the Board is the head of the Board of Directors.

    The board of directors supervises and ratifies strategic decisions as intermediaries between the owners and managers and reviews, awards and, if required, punishes top management.

    These includes the following,

    Composition Leadership structure Interlocks

    The Board decides on the employment and recruitment of employees, share price measures, payments, and employee compensation.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers. a. True ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Some company executives favor the idea of contract manufacturing using local players, whereas others feel a direct investment strategy would be better. What would most strengthen argument for direct investment?
Answers (1)
Oakley, a freshman just starting college, hasn't decided on his major. He is looking into operations management and is also exploring job opportunities in this field.
Answers (1)
Use the following information and the tables in the Business Math Handbook that accompanies the course textbook to answer the question. $140.
Answers (1)
1. The Cozy Company manufactures slippers and sells them at $ 10 a pair. Variable manufacturing cost is $ 5.75 a pair, and allocated fixed manufacturing cost is $ 1.75 a pair.
Answers (1)
The price elasticities of supply and demand affect A. the tax incidence but not the size of the deadweight loss from a tax. B. both the size of the deadweight loss from a tax and the tax incidence. C.
Answers (1)
New Questions in Business
The five dollar burger joint gift card that your friend gave you for your birthday expires today. you can either use the gift card to buy yourself dinner at burger joint or you can stay home and eat a delicious home-cooked meal.
Answers (2)
Which decision-making method requires that members vote? consensus authority rule majority rule all of the above
Answers (1)
Which of the following is an example of a "greenfield" investment? A. A Chinese oil company buys a U. S. oil company. B. Nike contracts with a footwear company in China to make athletic shoes. C.
Answers (1)
Costs that go into producing goods and services, including labor wages and purchasing intermediate goods, are called a. demand prices. b. supply costs. c. input prices. d. output costs.
Answers (1)
The multiplier effect a. amplifies the effects of an increase in government expenditures, while the crowding-out effect diminishes the effects. b.
Answers (1)
Home » Business » The board of directors oversees and ratifies strategic decisions and evaluates, rewards, and, if necessary, penalizes top managers. a. True b. False
Sign Up Forgot Password?