What one of the following is not normally a role of the board of directors? Exclude $*$ the option.

The Role of the Board of Directors

The board of directors scts company$-$wide policy and advis the CFO and other wentior ciccutives, who manage the compuny s day$-$lo$-$day activitics. In fact, cose of the bourd woust important tads is hiring, firing, and setting of conycnution fir the cFo.

Goards reviow and approve stratogy. significant investmenth and acyowtioms The brand also emcreco opcrating plans, capital budgets, and the company's finascial topers to oum mon sharcholder.

Advise CEO and other officers

Hire the CEO of the company

Oversee and approve operaling plans and captal budgets

Hire external auditors for the company