According to BoardSource, Exceptional Boards Ensure Congruence Between Its ______

question 15

Multiple Choice

According to BoardSource, exceptional boards ensure congruence between its ______.

• A) decisions and core values
• B) direction and its financial goals
• C) volunteers and members of the board
• D) governance duties and organizational priorities

---

Definitions:

Four-firm Concentration Ratio

A measurement that indicates the combined market share of the four largest firms in an industry, used to assess the degree of competition within the market.

Herfindahl Index

A measure of market concentration that is used to determine the amount of competition among firms within an industry.

Import Competition

The competition between domestic products and foreign products in a domestic market, affecting local industries.

Herfindahl Index

A measure of the concentration of industries or markets, calculated as the sum of the squares of the market shares of the largest firms, used to assess the extent of competition.