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Bloomsville Ltd Has a Board of Directors That Consist of a Managing

Question 10

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Bloomsville Ltd has a board of directors that consist of a Managing Director (MD) and non-executive directors. The MD has a regular monthly meeting with the Chief Operating Officer (COO) and the managers of Bloomsville's three business units. During the meeting, each manager would present an update of their unit's financial performance. The financial information is then reviewed by the MD and the COO to assess the performance of each business unit and to make decisions related to resource allocation. In this case, who is the CODM of Bloomsville?


A) The board of directors.
B) The MD and the COO.
C) The MD, the COO, and the three managers.
D) The MD only.

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