The Role of the Board of Directors Is to Represent

question 1

True/False

The role of the board of directors is to represent shareholders and debtholders.

---

Definitions:

Self-Direction

The ability of an individual to set goals, make decisions, and take initiatives without external guidance.

Equity Model

A theory that focuses on determining whether the distribution of resources within interpersonal relationships is fair to both parties involved.

Inputs

Resources, information, or efforts that are put into a system or process to achieve outputs or outcomes.

Individual

Refers to a single, separate organism or entity, especially when considering human beings as distinct units with unique characteristics.