Which of the following tasks is NOT the responsibility of the board of directors?
A) setting policies for the corporation
B) authorizing the issuance of stock
C) electing corporate officers
D) managing the company's daily operations
E) approving loans to and from the corporation
D
Explanation: D) Although the board of directors is responsible for setting corporate policy, electing officers, and making major business and finance decisions, they do not actually manage day-to-day operations. However, they are responsible for ensuring that those who do manage daily operations are doing their jobs.
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There are four middle managers at a company. Lucille has been working at the company for ten years and is in charge of ten employees. Dan has worked at the company for five years and oversees six employees
Elaine has worked at the company for two years and oversees twelve employees. Greg has only worked at the company for a year and oversees nine employees. Who has the greatest span of control? A) Lucille B) Dan C) Elaine D) Greg
How can the impact of frequent job changes be minimized on a résumé?
A) Include a "reason for leaving" statement for each job B) Group similar jobs under a single heading C) Extend the dates of employment on the résumé, but not the job application D) Leave dates off the résumé entirely E) Talk about relevant experiences gained during employment gaps