The most important function of the board of directors is to hire the president or chief executive officer.Question 21Select one:a.Trueb.False

Answering the Question

1. Understanding the Role of the Board of Directors
   The board of directors is responsible for overseeing the management of an organization and making key decisions, including hiring top executives.

2. Key Function
   One of the primary functions of the board of directors is indeed to hire the president or chief executive officer (CEO) of the organization. This involves evaluating candidates, conducting interviews, and ultimately making the decision that can significantly impact the company's direction and success.

3. Conclusion
   Therefore, the statement that "the most important function of the board of directors is to hire the president or chief executive officer" holds true within the context of corporate governance.

Final Answer

a. True