What are the powers and responsibilities of the top management of a corporation?
They manage the day-to-day operations of the corporation.
They represent the corporation to the state and federal governments.
They are the members of the board of directors.
They have no real power or authority because the board of directors runs the corporation.

Question

What are the powers and responsibilities of the top management of a corporation?
They manage the day-to-day operations of the corporation.
They represent the corporation to the state and federal governments.
They are the members of the board of directors.
They have no real power or authority because the board of directors runs the corporation.

paki · Answer

What you guess here about the answer…?

paki · Answer

have a look here.... http://en.wikipedia.org/wiki/Board_of_directors

anonymous · Answer

They have no real power or authority because the board of directors runs the corporation.

paki · Answer

yeah agree

anonymous · Answer

D. is incorrect @charlie7770 @paki

paki · Answer

i am sure about my answer... #rasheeda

anonymous · Answer

I'm pretty sure its not correct. You may want to ask him when he get back online what it correct.

anonymous · Answer

Senior management, executive management, or management team is generally a team of individuals at the highest level of organizational management who have the day-to-day responsibilities of managing a company or corporation. They hold specific executive powers conferred onto them with and by authority of the board of directors and/or the shareholders

anonymous · Answer

http://en.wikipedia.org/wiki/Senior_management

anonymous · Answer

@paki

anonymous · Answer

So D is just going against that, and it is definitely incorrect. @paki

anonymous · Answer

The top responsibilities of the top management are communicator, decision maker, leader, and manager.

paki · Answer

study about board of directors...

anonymous · Answer

A board's activities are determined by the powers, duties, and responsibilities delegated to it or conferred on it by an authority outside itself. These matters are typically detailed in the organization's bylaws. The bylaws commonly also specify the number of members of the board, how they are to be chosen, and when they are to meet. However, these bylaws rarely address a board's powers when faced with a corporate turnaround or restructuring, where board members need to act as agents of change in addition to their traditional fiduciary responsibilities.[1]

anonymous · Answer

http://en.wikipedia.org/wiki/Board_of_directors

anonymous · Answer

D and A are incorrect. @paki , whenever you get a chance. could you ask @charlie7770 what the answer is?

anonymous · Answer

i put d but i think i got it wrong.

anonymous · Answer

I know. I am 100% sure D is incorrect. @paki @charlie7770

anonymous · Answer

The answer was obviously B. @paki @charlie7770