<P> A board of directors is a recognized group of people who jointly oversee the activities of an organization , which can be either a for - profit business , nonprofit organization , or a government agency . Such a board 's powers , duties , and responsibilities are determined by government regulations ( including the jurisdiction 's corporations law ) and the organization 's own constitution and bylaws . These authorities may specify the number of members of the board , how they are to be chosen , and how often they are to meet . </P>
what does the board of directors consist of
a recognized group of people who jointly oversee the activities of an organization