A Board of Advisors Is an Especially Good Alternative to a Board

question 29

True/False

A board of advisors is an especially good alternative to a board of directors because they are authorized to make legal decisions.

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Definitions:

Decision-Making Process

The cognitive process of selecting a course of action from among multiple alternatives, often involving a structured methodology.

Departmentalization

The organizational practice of dividing a business into specialized functional areas or departments to improve efficiency.

Span of Control

It refers to the number of subordinates that a manager or supervisor can directly control.

First-Line Managers

Managers at the lowest level of an organization who directly supervise and support the work of non-managerial employees.