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Which of the following is NOT a function of the board of​ directors? monitoring the performance...

Which of the following is NOT a function of the board of​ directors?

monitoring the performance of the company

answering to shareholders of the company

determining how top executives should be compensated

day - to - day running of the company

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Answer #1

Answer: day to day running of the company

Board of Directors are the top executives. The primary role of them is to monitor the actions of the manager/ management. They set the company goals and monitor the functions of the manager to ensure the work is being carried in a manner so as to achieve those goals. They are not involved in monitoring the day-to-day running of the company. Such function is performed by the on-field managers and report on such activities is being updated to the board of directors.

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