Which of the Following Statements Is True of Boards of Public

question 9

Multiple Choice

Which of the following statements is true of boards of public sector organisations?

• A) Boards of government enterprises are predominantly profit-driven.
• B) Boards of government enterprises have final decision-making power.
• C) Boards of government enterprises are responsible to the organisation's shareholders.
• D) Boards of government enterprises have the power to fire CEOs and appoint new directors.
• E) Boards of government enterprises are responsible to a range of different stakeholders, and major decisions concerning their personnel and direction are ultimately made by government.

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Definitions:

Cost Leadership Strategy

A business strategy focused on gaining competitive advantage by being the lowest cost producer in the market while maintaining acceptable quality levels.

Low Prices

A pricing strategy where goods or services are offered to consumers at a lower cost compared to competitors.

Focused Differentiation Strategy

A business approach that targets a specific segment of the market by offering unique features that satisfy the particular needs of that segment.

Unique Product

A good or service that is distinct in the marketplace due to its unique features, benefits, or technology, setting it apart from competitors.