Final answer:
Top executives such as CEOs and COOs establish the strategies that guide the entire company and have a strong voice in choosing the candidates who will serve on the board of directors.
Step-by-step explanation:
Top executives such as CEOs and COOs establish the strategies that guide the entire company. They have a strong voice in choosing the candidates who will serve on the board of directors, which helps ensure that the firm is run in the interests of the shareholders.
Company strategies refer to the comprehensive plans and actions that organizations develop and implement to achieve their goals and objectives. These strategies guide decision-making at various levels within the company and are often aligned with the organization's mission, vision, and values.