Identify the Following Terms

question 62

Short Answer

Identify the following terms.
-compass and the sternpost rudder

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Definitions:

Oversight and Accountability

Involves the processes and structures in place to monitor actions, ensure responsibilities are met, and hold individuals or organizations responsible for their actions and outcomes.

Corporate Governance

The framework of rules, practices, and processes by which a company is directed and controlled, focusing on the interests of its stakeholders.

Board Members

Individuals elected or appointed to serve on the governing board of an organization, responsible for overseeing its strategic direction, financial health, and regulatory compliance.

Strategic Initiatives

Projects or actions undertaken by an organization to achieve strategic goals and objectives, often involving major scope or impact.