If a Board of Directors Is to Be Effective,it Needs

question 74

Multiple Choice

If a board of directors is to be effective,it needs to allocate its scarce time to the ________ issues to which its members can add ________.

• A) most clear; capital
• B) most critical; value
• C) newest; information
• D) hardest; time

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Definitions:

Complaint Letter

A formal way of communicating dissatisfaction or a problem to an individual or organization, seeking resolution or redress.

Correspondence

The act of communicating by exchanging letters or emails, often used for professional, official, or formal personal reasons.

Goodwill

An intangible asset arising from the reputation, brand, or relationships a company has built, often reflected in its ability to generate future profits.

Memo

A written message, particularly in a business context, used for internal communication among employees or departments.