Board Effectiveness Is Achieved By: Please Select All That Apply

question 23

Multiple Choice

Board effectiveness is achieved by: Please select all that apply.

• A) Avoiding complacency.
• B) Giving directors sufficient time in which to undertake and fulfil their duties.
• C) Evaluation of directors' performance.
• D) Likeminded directors.

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Definitions:

Risks And Benefits

The potential negative and positive outcomes associated with a decision or action.

Communicating

The act of conveying information or expressing ideas and emotions through speech, writing, gestures, or other methods.

Legal Implications

Legal implications refer to the potential consequences or legal outcomes that may result from actions, decisions, or business practices within the framework of the law.

Denying Credit

Refusing to extend financial credit or loans to an individual or entity based on assessment criteria such as credit history.