Search in full dictionary
BOARD OF DIRECTORS
BOARD OF DIRECTORS
ScnAdmin
the
Board
of Directors or owner of the
vessel
is responsible for the
general
overall
control
of the
ship
and its activities. A
Board
of Directors, however, is responsible only as a
board
. An
individual
member
of a
board
of directors cannot
issue
orders which are not passed by the entire
board
of directors. At the top of an
org board
goes-
Board
of Directors, and under that-
general
planning
,
finance
and
ownership
of the activity and its
property
, ships and its profits and
final
authority
on all ships or
fleet
matters and their
policy
, conduct and
operation
.
(
FO
1109)
BOARD OF DIRECTORS
ScnOEC
those individuals
elected
by the stockholders of a
corporation
to manage the
business
. A
board
of directors usually consists of at least three officers - a
president
,
treasurer
and
secretary
.
So that in an ordinary
organization
, they get a
board
of directors together and the
board
of directors appoint a
general manager
.