Which One of the Following Is NOT Among the Chief

question 50

Multiple Choice

Which one of the following is NOT among the chief duties/responsibilities of a company's board of directors insofar as the strategy-making, strategy-executing process is concerned?

• A) hiring and firing senior-level executives and working with the company's chief strategic planning officer to improve the company's strategy when performance comes up short of expectations
• B) being inquiring critics and exercising strong oversight over the company's direction, strategy, and business approaches
• C) evaluating the caliber of senior executives' strategy-making/strategy-executing skills
• D) instituting a compensation plan for top executives that rewards them for actions and results that serve stakeholders' interests, most especially those of shareholders
• E) overseeing the company's financial accounting and financial reporting practices

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Definitions:

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Psychological theories focused on understanding how individuals perceive fairness in distribution of resources and rewards in relation to the contributions they have made.

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A demographic group defined by individuals born approximately between 1946 and 1964, known for their significant impact on economy and society.

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The period following the end of the Second World War, marked by significant social, political, and economic changes worldwide.

Generational Group

A cohort of people born around the same time, shared experiences and values influence their attitudes and behavior.