When Choosing People to Serve on the Board of Directors

question 14

Multiple Choice

When choosing people to serve on the board of directors, an entrepreneur should consider those who have all of the following EXCEPT

• A) significant, successful experience in the industry.
• B) expertise in finance, capital acquisition, and possibly initial public offerings (IPOs).
• C) exploitative behavior.
• D) experience running a company at the level the entrepreneur wants to grow to next.
• E) honesty and integrity, to engender a sense of mutual trust.

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Definitions:

Active Body States

Physical conditions or postures that indicate engagement, readiness, or participation, often important in communication and sports.

Fakes Attention

Pretending to give one's focus or interest to someone or something when in reality it is not genuine.

Unit

A single, distinct piece of something that forms part of a larger complex structure or system.

Achieve A Goal

The process of successfully reaching a desired outcome or objective through planned actions and strategies.