Question

How are members of a board of directors often considered?

A) Investors
B) Corporate insiders
C) External consultants
D) Entry-level employees

Answer 1

The members of a board of directors are often considered as corporate insiders who have a deep understanding of the company's operations and guide the strategic direction of the organization.

Step-by-step explanation:

The members of a board of directors are often considered as B) Corporate insiders. The board of directors is responsible for overseeing the management of a company and making important decisions on behalf of the shareholders. They are typically individuals who have a deep understanding of the company's operations and have the authority to guide the strategic direction of the organization.

For example, the CEO, CFO, and other top executives of the company are often part of the board of directors. They have insider knowledge of the company's financials, operations, and overall business strategy, which makes them well-suited for the role.