Regarding Board Size,researchers Have Found That

question 3

Multiple Choice

Regarding board size,researchers have found that:

• A)smaller boards are associated with greater firm value and performance,since small groups make better decisions than larger groups.
• B)smaller boards are associated with lower firm value and performance,since small groups are more likely to be compromised by connections to management.
• C)larger boards are associated with greater firm value and performance,since larger boards tend to have directors with a more diverse range of backgrounds and talents.
• D)larger boards are associated with lower firm value and performance,since larger groups are more likely to be compromised by connections to management.

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Definitions:

Take Corrective Action

The process of identifying, rectifying, and eliminating the root causes of problems or deviations to prevent recurrence and ensure performance standards are met.

Desired Performance

The expected or targeted level of output, efficiency, or achievement in a specific context, often related to job performance or objectives.

Actual Performance

The real, observed outcomes or results of an individual's or organization's actions or operations.

Relative Approach

A method of evaluation or analysis that is based on comparisons or relationships between objects, situations, or concepts rather than absolute measures.