In general the role of board of directors is to:

a) Direct the day-to-day activities of the firm
b) Represent investor interests in management of the firm
c) Insure that the firm operates legally
d) Provide "staff" assistance to the CEO in strategic matters

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  1. What do YOU THINK the answer is and why? Let us know and someone here will comment on your thinking.

    Try the process of elimination so that you can narrow down your choices to what you REALLY have to think about. For example, "a" is clearly off the mark, so cross it off. What else can you eliminate (cross off)? What's left?

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