Business Studies, asked by kaur5934, 1 year ago

What are the functions of board of directors?

Answers

Answered by santy2
1
Functions of the board of directors :

The board of directors has full ordinary and extraordinary administrative powers to manage the company and to achieve the corporate purpose.

It constitutes the central body of the company corporate  governance.

The board of directors is a competent body designed to make most important decision in the economy, strategic terms or or in terms of structural impact on operations.

The board of directors plays a very vital role in the strategic guidance of the company or the group.

Supervising all the activities in the business

Direct intervention in the useful decision making process in the business.


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