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प्रश्न
Justify the following statement:
The Board of Directors are the elected representatives of the shareholders.
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उत्तर
(1) In a joint stock company, there is a separation of ownership from the management. Although the shareholders are the owners of the company, they never participate in the management. The shareholders elect their representatives from amongst themselves. The elected representatives are called ‘directors’. The directors form themselves into a body called a Board of Directors. Thus, the Board of Directors is the elected representatives of the shareholders.
(2) The shareholders delegate their powers of management to the Board. The Board after discussion decides the matters frame the policies and takes policy decisions. The managing Directors with the help of the managerial staff implements the policies.
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संबंधित प्रश्न
Select the correct answer from the option given below and rewrite the statement:
___________ looks after the management of a company.
Write a word or a term or a phrase which can substitute the following statement.
A written invitation was given to the Director to attend the meeting.
State whether the following statement is true or false:
A director can be removed before the expiry of his term.
State whether the following statement is true or false:
Company Secretary need not attend the board meetings.
State whether the following statement is true or false:
Director can take decisions individually.
Select the correct option from the bracket:
| Group A | Group B |
| Notice of board meeting | _______________ |
Select the correct option from the bracket:
| Group A | Group B |
| _____________ | Meeting of all directors |
Complete the sentence.
The elected representatives of the shareholders are called as _________
Attempt the following.
Draft the notice and agenda of routing board meeting.
Justify the following statement:
The secretary has to correspond with directors on an important occasion
Write a letter to the director who was absent for a board meeting to inform him about proceeding of the meeting.
Justify the following statement:
Directors exercise their powers and authorities collectively as a Board.
Answer in brief:
Under what circumstances will a Secretary correspond with a Director?
Answer in brief:
What are the points to be considered by a secretary while corresponding with the directors?
Complete the sentence.
The notice period for Board Meeting shall not be less than _______
Explain the following term/concept:
Politeness
Correct the underline word and rewrite the following statement:
Secretary is a elected representative of the shareholders.
Write a letter to the director requesting him to disclose his personal interest in a contract.
