2006-12-14 04:48:42 · 4 answers · asked by jimee342000 1 in Business & Finance ➔ Other - Business & Finance
Indeed it does depend on how the company is set up. In an SME, the board will also be the owners and managers and the workers all rolled into one. Public companies will have a board that controls the strategy of the company but it will be theboard of management - management committee that does theday to day work. Tehre is no requirement for any company to have a CEO or Sales Director of FD or Chief Operating Officer. These are just lables that some people chose to use. Others don't. But at the end of hte day it's really customers that run the business.
2006-12-17 03:36:15 · answer #1 · answered by ms_musicality 2 · 0⤊ 0⤋
Depends on the nature of the company. Plcs require a board usually comprising an MD, Finance Director, Sales and Operations Directors but are owned by shareholders. Limited companies are run by similar type board directors. Partnerships are run by the partners and sole traders run their own businesses
2006-12-14 04:57:39 · answer #2 · answered by Steve D 2 · 0⤊ 0⤋
Board of DIRECTORS.
2006-12-14 05:04:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋