The Primary Roles/obligations of a Company's Board of Directors in the Strategy-Making,strategy-Executing

Multiple Choice

The primary roles/obligations of a company's board of directors in the strategy-making,strategy-executing process include

A) playing the lead role in forming the company's strategy and then directly supervising the efforts and actions of senior executives in implementing and executing the strategy.
B) providing guidance and counsel to the CEO in carrying out his/her duties as chief strategist and chief strategy implementer.
C) overseeing the company's financial accounting and reporting practices,evaluating the caliber of senior executives' strategy-making and strategy-executing skills,and instituting a compensation plan that rewards top executives for results that serve shareholder interests.
D) working closely with the CEO,senior executives,and the strategic planning staff to develop a strategic plan for the company.
E) reviewing and approving the company's business model and also reviewing and approving the proposals and recommendations of the CEO as to how to execute the business model.