A Board of Directors Is Elected as a Representative of the Corporation's

question 46

Multiple Choice

A board of directors is elected as a representative of the corporation's:

• A) top management.
• B) stakeholders.
• C) shareholders.
• D) customers.

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Definitions:

Short Life Cycle

Refers to products or technologies that have a brief period of relevance or usefulness before becoming obsolete.

Highly Skilled

Possessing advanced levels of expertise, often acquired through extensive training and experience in a specific field.

Strategic Framework

A structured plan outlining how an organization intends to achieve its goals and objectives.

Compensation Strategy

A plan outlining how an organization aims to provide wages, salaries, benefits, and incentives to its employees in alignment with its goals and financial capabilities.