The is responsible for making policy decisions concerning the operation of a corporation.

The board of directors is responsible for making policy decisions concerning the operation of a corporation
Board of Directors usually consist of several people that held a pretty high stakes within the corporation

hope this helps

Currently, as of february 2016, an american traveling in france would be by the exchange rate. the weakness of the euro and the strength of the us dollar means that items in france cost less to an american than they otherwise would. of course, if this trend reverses and the us dollar weakens and the euro strengthens, such as was happening in early 2008, an american traveling in france would have an adverse experience because items would cost relatively more.