Which of the Following Was NOT Identified in the Textbook

question 61

Multiple Choice

Which of the following was NOT identified in the textbook as an attribute of an effective board of directors?

• A) Homogeneous set of experiences and talents
• B) Customer-focused point of view
• C) Ability and willingness to stand up to the CEO and top managers of the firm
• D) Strong communication with the CEO
• E) Decisiveness

---

Definitions:

Operating Revenue

Income earned from a company's core business operations, excluding revenue from non-operating sources like investments.

Operating Activities

Involves the primary revenue-generating activities of an organization, such as sales and services, as reflected in its cash flow.

Selling Merchandise

The process of offering goods for sale to customers, often in a retail setting, which constitutes the primary revenue-generating activity of merchandising companies.