CS Professional · Strategic Management and Corporate Finance · Introduction to Strategic Management
In a listed Indian manufacturing company, which of the following best describes the primary role of the Board of Directors as strategists?
The board acts as strategist by framing the vision and mission, approving major strategic decisions and overseeing their implementation. Routine tasks such as production scheduling, machine operation or order recording belong to operational managers, not to the board's corporate-level strategic role.
- AFraming the vision, approving major strategic decisions and overseeing their implementationCorrect
- BPreparing daily production schedules for each plant
- COperating the machinery and supervising shop-floor workers
- DRecording individual customer orders at branch level
Explanation
The board sits at the corporate level of strategy. It sets direction, approves major strategic choices and monitors performance. Daily scheduling, machine operation and order recording are operational tasks handled at lower levels, not the board's strategist role.
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