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They oversee a company and answer to stock holders. The board of directors provides the company with direction and advice. It is the responsibility of the board of directors to ensure that the company fulfills its mission statement. In doing so, the board of directors frequently sets the company's policy objectives. A good board of directors should include knowledgeable and experienced business people. From:

http:/www.wisegeek.com/what-does-a-board-of-directors-do.htm

A board of directors should NOT be made up of friends and relatives; one or two members can be friends or acquaintances if they are business people or experienced board members.

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Q: What does a board of directors do?
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Related questions

What is the collective noun for 'directors'?

The collective noun for directors is a board of directors.


Can the treasure of board of directors also be the secretary of the board of directors in nebraska?

No, the treasurer of the board of directors cannot be the secretary of the board of directors in Nebraska unless it is in the acting capacity.


Can the secretary of the board of directors also be the treasure of the board of directors in Nebraska?

No, the secretary of the board of directors cannot be the treasurer of the board of directors in Nebraska unless on acting capacity.


Can the secretary of the the board of directors of a s corp also be the treasure of the board of directors?

The secretary of the board of directors of a corporation can only be a treasurer of the board of directors in an acting capacity.


Which is the correct possessive - Board of Directors' or Board of Director's?

The possessive form for the singular compound noun 'board of directors' is board of directors'.Example:The bord of directors' plan is to create an interim position.


What is Difference between board of directors and board members?

Board directors and board members may sit on the same board. However, members do not have a power of veto, and the board of directors does.


How do you spell board of directors?

Board of Directors is correct.


Is board of directors a proper noun?

No, the compound noun 'board of directors' is a common noun, a word for any board of directors of any kind.


Can a subsidiary company have a separate board of directors from the parent company?

A subsidiary company definitely can have its board of directors, and practically, it usually have. Basically its parent company who appoints directors in board of directors of subsidiary companies. Day to day matters of the subsidiary company cannot be run by parent company's board of directors, so it is necessary for a subsidiary to have its own board of directors which ultimately reports to parent company's board of directors.


Does the corporate real need board of the directors?

Does the corporate real need board of the directors Does the corporate real need board of the directors


Which type of practice is manage by a board of directors?

A company or organization has a board of directors.


Which usage is correct Board of directors has approved or have approved?

board of directors has approved


Is 'Board of Directors' singular or plural?

"Board of Directors" is a singular (one board) compound noun that takes a singular verb.Think of it as 'a special group' of directors. The group may be large or small.Example: "The board is meeting this afternoon. (is= singular verb)But when talking about 'the directors', they may be large or small, or of varying sizes!Example: "The directors are meeting this afternoon." (are = plural verb)COMPANY / CORPORATE LAWA company has a Board of Directors. It is clearly singular. Therefore singular verbs and singular pronouns are used when referring to 'a board' or 'the Board' of Directors.Examples of usage:"The World Bank Group has four Boards of Directors. ... Each Board of Directors is responsible for the conduct of ..." -The World Bank"The MCC Board of Directors is composed of the Secretary of State, the Secretary of ..." -Millennium Challenge Corporation, USA"If the board of directors has judged that a member bank is performing or behaving poorly, it will report this to the Board of Governors." -WikiPedia - Federal Reserve System"The exercise by the board of directors of its powers ..." -WikiPedia - Board of Directors"The board of directors generally sets broad corporate policy ..." - FreeDictionary.comNOTE that the verbs 'is', 'has', 'it', 'its' and 'sets' are all singular forms.PLURALThe plural of 'board of directors' is 'boards of directors / Boards of Directors"Some directors may serve on a numbers of different Boardsof Directors, that is, they have directorships with more than one company.EXAMPLES OF USAGEBoards of Directors are responsible for ...If boards of directors have judged ... they will report ...The exercise by boards of directors of theirpowers ...Boards of directors generally set broad corporate policy. etc


What is the correct spelling of board of directors meeting?

board of directors's member


Plural form of Board of Directors?

The plural form is boards of directors.Example: "Mr. Hamilton sits on two boards of directors."Note: The compound noun 'board of directors' is a common noun unless it is the title of a specific board of directors; for example:"Mr. Hamilton sits on the Abject Board of Directors and the Dismal Board of Directors."The common noun 'board of directors' is not capitalized.


What is typically the head of a federal agency?

A commission or board of directors usually heads a federal agency.


How many directors are on the Boards for each of the 12 Federal Reserve Banks?

Each of the 12 Reserve Banks is subject to the supervision of a ninemember board of directors (board). Six of the directors are elected by the member banks of the respective Federal Reserve District (District), and three of the directors are appointed by the Board of Governors. Most Reserve Banks have at least one Branch, and each Branch has its own board of directors. A majority of the directors on a Branch board are appointed by the Reserve Bank, and the remaining Branch directors are appointed by the Board of Governors.


Is the board of directors were or was?

The key word is 'board', the singular subject of the verb: the board was.example: The board of directors was in conference all morning.When using just 'the directors' as the subject: the directors were.example: The directors were in a conference all morning.


Is board of directors capitalized?

No, according to the AP Styleguide board of directors is always lowercase.


What is the minimum number of people required on a Board of Directors?

There is no standard minimum amount of people required to be on a Board of Directors. The average size of the Board of Directors is about 9 members for most companies.


How many directors in board of directors?

The number of allowable board members are outlined in an organization's bylaws.


What is a group of directors called?

A Board


How do you get on the board of directors at a bank?

In order to get on the board of directors, you are usually voted in or elected. Some positions come with an automatic seat on the board.


What is the plural possessive for Board of Directors?

The plural possessive form of boards of directors is boards of directors'.


What are some board of directors titles?

A board of directors is the group of individuals responsible for the strategic management of a corporation. Some of the board of directors titles are Chairman or President, Vice Chair or Vice President, Secretary, Treasurer and Board Members.