Which of the Following Is Not a Task of the Board

question 83

Multiple Choice

Which of the following is not a task of the board of directors in strategic management?

• A) to monitor
• B) to implement
• C) to influence
• D) to initiate and determine
• E) to evaluate

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Definitions:

Fined

A penalty imposed for breaking a law, rule, or order.

Resale Price Maintenance

A practice where manufacturers and suppliers control or influence the price at which a product is sold by retailers, often to maintain price consistency or value.

Vertical Price-Fixing

An illegal agreement between parties at different levels of the same supply chain, such as manufacturers and retailers, to control prices.

Horizontal Price-Fixing

An agreement between competitors at the same level of the supply chain to set prices, restrict production, or reduce competition.