1.

Justify the following statement:Directors exercise their powers and authorities collectively as a Board.

Answer»
  • The Directors occupy a very important position in the company’s management.
  • They are elected representatives of the shareholders.
  • Directors are responsible for decision making, policy framing, and determination of plans for achieving the target set.
  • They have to exercise proper control, direction, and supervision.
  • Directors exercise their powers and authorities collectively as a “Board”.


Discussion

No Comment Found