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_________ has/have ultimate responsibility in guiding corporate affairs and carrying out policies.

_________ has/have ultimate responsibility in guiding corporate affairs and carrying out policies.

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Answer #1

Please find the below explanation and “ Don’t forget to give a like! Thank you”

The answer is Board of directors.

Board of directors is appointed to act on behalf of the shareholders to run the day to day affairs

of the business.

Responsibilty of board of directors

  • Responsible for company’s performance.
  • Determine the company’s vision and mission.
  • carrying out company policies.
  • Approve annual budgets.
  • Ensure adequate financial resources.
  • To fulfill legal obligations.
  • Set and review goals.

Board of directors has/have ultimate responsibility in guiding corporate affairs and carrying out

policies.

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