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According to the text,most publicly owned large corporations today tend to have boards with what degree of involvement in the strategic management process?
Activity
Actions taken or work performed, typically aimed at achieving certain goals or objectives.
Profitability
The ability of a business to earn a profit, which is a financial gain that results when the amount of revenue gained from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.
Asset Management
The practice of strategically managing company or individual assets to increase value and achieve financial objectives.
Return on Assets
A financial ratio that indicates how profitable a company is relative to its total assets, demonstrating the efficiency of management in using assets to generate profit.
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