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economics

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in general the role of board of directors is to:
a)direct the day to day activities of the film
b)represent investor interest in management of the film
c)insire that the film operates illegally
d)provide staff assistance tothe ceo in stragetic matters

  • economics - ,

    The Board of Directors represents the owners. If reworded, answer d would be closest.. for instance if d said
    Provide strategic direction to management, it would be a good answer. As it is now, none of the answers are very good. Answer b) would be very good if the word investor were replaced with öwner or sharholders. Investors are not always shareholders, but ususally are. Bond holders, or loaning companies, have great sums invested in a firm, and expect a return, but they are seldom represented on the Board.

    So as it is, the word staff in d) makes it wrong, the word investor in b) makes it sometimes wrong, but a) and c) are off the mark.
    So I go with b) being the best of all these.
    By the way, did you mean firm? There is a big difference in firm and film. I assumed firm was what was meant.

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