Members of Management Serving on the Board of Directors of a Corporation

question 251

True/False

Members of management serving on the board of directors of a corporation are referred to as outside directors.

---

Definitions:

Organisational Effectiveness

The measure of an organization's efficiency in achieving its goals and objectives with the optimal use of resources.

Lewin's Planned-Change Process

A model that outlines the steps for successful organizational change: unfreezing, changing, and refreezing.

Managers

Responsible for and support the work of others.

Stage

A specific phase or period in a process, development, or series of events.