The board of directors of public enterprise is appointed by …

JAMB Commerce 2023 506 views
Source: JAMB · 2023

The board of directors of public enterprise is appointed by who?

  1. employees
  2. management
  3. government ✓
  4. shareholders
Explanation

A public enterprise is owned by the government. So the government appoints its board of directors, usually through the supervising minister.

In a private company, the shareholders elect the directors. Employees and managers do not appoint the board of a public enterprise.

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