Question

Who did Herman and Heimovics find is actually seen as responsible for the organization's success or failure?

A. The board
B. The shareholders
C. The marketing department
D. The CEO

Answer 1

The board of directors, elected by the shareholders, is responsible for the organization's success or failure.

Step-by-step explanation:

In the context of the organization's success or failure, the board of directors plays a crucial role. They are elected by the shareholders and are responsible for corporate governance and oversight over top executives. The executives have a strong influence on choosing board members, as shareholders may not have the knowledge or incentive to nominate alternative candidates.