| The board, which usually meets once a month, is responsible for the TeensLikeItBig company's strategic decisions, in terms of its long term policy, structure, finance, market policy, product strategy and protecting the interests of the shareholders. Executive directors are full time employees of the company and they are vice presidents of directors of departments. They are not full-time employees of the company and they usyally sit on a number of boards in differents companies. According to the british law a company must have a secretary, who may be a director. The secretary may be called the chief administrative officer and is responsible for making sure that the company is run in compilance with the law, the proper accounts are TeensLikeItBig lodged, that meeting of the boards and shareholders are called and run according to the articles of association or rhat the decisions of rhe board are implemented. |
