Question

State the following statement is True of False:

A Managing Director is appointed for a period of 5 years.

• A. True
• B. False

Answer 1

The correct option is A True

True.

A Managing Director is someone who is responsible for the daily operations of the company, organization or corporate division.

As a member of senior management, the managing director the managing director is also expected to keep a company solvent and to promote expansion and innovation within the industry. Managing Director is appointed for a period of five years.