Corporate Governance Question 3.1

Question 3 [40] We are all familiar with the Pick n Pay Stores Group. On their website under the topic of Governance, they have a summary of the responsibility of the company's Board. The next four questions are based on statements made on their website. First Statement: "Members of the Board operate as a resource for executives in directing, finalising and overseeing the implementation of the Group's strategy and policy." 3.1 Explain the statement by giving specific attention to the meaning of each one of the following three concepts/words 'directing, finalising and overseeing the implementation' as it is used in the statement above