Write Short answers for the following: Explain the rights and powers of Directors.
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Solution
A director is a person from a group of managers who guides and leads a particular area of the company. They control the overall business of the company and take final and key decision of the company. The duties of a director are:
Ensuring the
company’s strategic objectives and plans which have been met in
due time.
Analyzing and
monitoring the long term policies and the employees of the company.
Appointing or hiring senior
managers for certain departments such as Finance and Marketing etc.