Final answer:
It is true that a top-level executive should be appointed to implement a social responsibility plan, underscoring the seriousness of the commitment. This executive would oversee the integration and alignment with the organization's strategies. While the board's role is oversight, executives often influence board member selection.
Step-by-step explanation:
The statement that after a social responsibility plan is established, a top-level executive should be appointed to implement the organization's plan is generally considered true. The appointment of a high-level executive is crucial for implementing the plan effectively as it demonstrates the organization's commitment to social responsibility. This executive would have the authority and oversight necessary to integrate the plan across all departments and ensure that the company's strategies align with its social responsibility goals.
In the context of the company's governance, the board of directors is responsible for ensuring that the company operates in the shareholders' best interests. However, it is often the top executives who have significant influence over selecting board members, potentially affecting the board's independence and its ability to oversee executive actions.