Answer:
Letter B is correct. Elected by the shareholders as their representatives.
Explanation:
Board members can be defined as a body of elected members to oversee the activities of a particular organization.
The function of the board of directors is to maintain the organization's strategic direction in relation to decision-making.
The members of the board of directors are elected by the shareholders as their representatives, due to the fact that one of the functions of the board of directors is to protect the interests of the organization as a whole, protecting the assets and helping to maximize the return on investments.
Answer:
The correct answer is letter "B": elected by the shareholders as their representatives.
Explanation:
The Board of Directors is a committee designated and selected to represent shareholders of large companies. This Board sets out management strategies for hiring and firing employees, dividend allocation, and executive compensation. The Board of Directors protects the interest of shareholders in a company.
