What Are the Duties of a Company's Board of Directors

question 73

Essay

What are the duties of a company's board of directors in the strategy-making, strategy-executing process?

---

Definitions:

Valued Resources

Resources that are given importance or value by individuals or societies, which can include material goods, services, information, or status.

Collective Actors

Groups or entities that act together with a shared purpose or intention in social or political arenas.

Reality Proposition

A statement or assertion that can be tested and verified to determine its truth in relation to reality or empirical facts.

Aggression-Approval

Describes a situational response wherein acts of aggression are met with approval or consent, often studied in social psychology.