The correct answer is: A. Board of directors
The board of directors is a group of individuals who are elected by the shareholders of a company to oversee the management of the company. The board of directors is responsible for setting the company’s strategic direction, appointing the company’s officers, and overseeing the company’s financial performance.
The board of directors is typically made up of individuals who have experience in the industry in which the company operates. The board of directors is also responsible for ensuring that the company complies with all applicable laws and regulations.
The board of directors is an important part of the corporate governance structure of a company. The board of directors is responsible for ensuring that the company is managed in the best interests of the shareholders.
The other options are incorrect because:
- Middle management is responsible for implementing the strategic direction set by the board of directors.
- Lower management is responsible for the day-to-day operations of the company.
- Top management is responsible for the overall performance of the company.