Ask Question
BusinessBusiness
8 September, 19:57

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

+4
Answers (1)
  1. 8 September, 20:13
    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 the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
If the market rate of interest is 6 percent, what is the present discounted value of $1,000 that will be paid in
Answers (1)
If you were asked to provide a "ballpark estimate" of global atmospheric co2 concentrations at the beginning of the industrial revolution (1750-1850), you would choose:
Answers (1)
Sadik Inc.'s bonds currently sell for $1,180 and have a par value of $1,000. They pay a $105 annual coupon and have a 15-year maturity, but they can be called in 5 years at $1,100. What is their yield to call (YTC) ? 6.63% 6.98% 7.35% 7.74% 8.12%
Answers (1)
What is the easiest way to define demographic? a. What people do b. Who people are c. Where people live d. How much people make
Answers (1)
The function of media advertising is to support the economy, provide information about products, and underwrite media costs associated with
Answers (1)
New Questions in Business
George and Weezy received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Weezy). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income.
Answers (1)
Which of the following is true regarding the high-tech industry today? a. It generally depends on a pool of low-skilled labor. b. It has led to the increased economic development of previously rural areas. c.
Answers (1)
Presented below are three receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a balance sheet. -Sold merchandise on account for $64,000 to a customer.
Answers (1)
Barans Realty Co. pays weekly salaries of $18,000 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday.
Answers (1)
Montana Company was authorized to issue 200,000 shares of common stock. The company had issued 50,000 shares of stock when it purchased 10,000 shares of treasury stock.
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?