The Governing Council Consists of

question 34

Multiple Choice

The Governing Council consists of

• A) the board of directors and CEOs of the largest 5 commercial banks in Canada.
• B) the board of directors and the chairman of the prime minister's council of economic advisors.
• C) the chairman of the prime minister's council of economic advisors and 4 of the 12 directors who serve on a rotating basis.
• D) the governor, senior deputy governor, and the four deputy governors.

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Definitions:

Matrix Structures

Organizational design combining two or more types of structures, typically combining functional and project-based divisions to enable more flexible and responsive operations.

Social Network Analysis

A methodological approach to study the relationships and structures within a network of individuals, organizations, or systems, using graph theory to visualize connections.

Organization Chart

A graphical representation depicting the structure of an organization, its departments, and employee hierarchy.

Formal Structure

A set of officially established rules and guidelines within an organization that dictates how it operates and how its members interact.