Board of Directors

A board of directors is a group of individuals elected to represent shareholders and oversee the activities of a company. The board's responsibilities include setting corporate policies, making major decisions, and ensuring the company’s long-term success.

Key Takeaways

  • The board represents shareholders.
  • It oversees company activities.
  • The board sets and enforces corporate policies.
  • It's tasked with ensuring the company's long-term success.

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