Question

board of directors primarily:
select one:
a. runs sec strategy
b. acts as auditors
c. manages daily operations
d. oversees management

Explanation:

The board of directors is a governing body elected by shareholders to represent their interests. Its primary role is to oversee the company's management (e.g., CEO and executive team) rather than handling daily operations (done by management), acting as auditors (done by external audit firms), or running SEC strategy (the SEC is a regulatory body, not managed by a company's board). Thus, overseeing management is the core function.

Answer:

d. Oversees management