What is a Board of Directors? What they do?

The Board of Directors is a group of shareholders in a particular companyEach member has a certain share of the company's capitalThe Board is headed by the member with the largest share of the company's capitalOne of the most prominent functions of the Board of DirectorsDevelop plans and strategies for the companyReview the final budget of the companyReview the company's business

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Board of Directors (unofficial) : is the group of Departments managers or stocks holders, or capital owners, or mix of them, depending on company size, company type, company structure, their tasks are:

• Install policies.
• Set strategies.
• Set general plans.
• Give permissions for recruiting, annual budget, P and L, ..P and L refers to : Profits and Losses