Question

What is the primary responsibility of the Board of Directors in corporate governance?

A Maximizing short-term profits Correct Answer Incorrect Answer
B Representing the interests of shareholders Correct Answer Incorrect Answer
C Ignoring the long-term success of the organization Correct Answer Incorrect Answer
D Avoiding strategic planning Correct Answer Incorrect Answer

Solution

Explanation: The primary responsibility of the Board of Directors is to represent the interests of shareholders and ensure the long-term success and sustainability of the organization.

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