Which of the Following Is NOT an Important Factor Is

question 33

Multiple Choice

Which of the following is NOT an important factor is recruiting a board of directors?

• A)Mitigating the risk of personal biases in decision making.
• B)Whether or not the board member is a stakeholder with the ability to exert control over the firm.
• C)A board members experience as an entrepreneur
• D)The board members likely willingness to join the company as a senior manager in the future.

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Definitions:

Divided Labour

The breakdown of work into smaller, specialized tasks to increase efficiency, also known as division of labor.

Coordinate

To organize different elements or activities efficiently so they work well together and achieve a desired outcome.

Highly Centralized

A structural approach in organizations where decision-making authority is concentrated at the top levels of management.

Decision-making Power

The authority or capacity to make choices that will have consequences for oneself or others within an organizational or personal context.