The Only Role of the Board of Directors Is to Monitor

question 38

True/False

The only role of the board of directors is to monitor and ratify major managerial decisions in order to protect the interests of the owners.

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Definitions:

Ambivalence

Mixed feelings or contradictory attitudes towards an object, person, or action, making decision-making difficult.

Change

The process of becoming different, often implying an evolution or transformation in characteristics, conditions, or behaviors.