When Firms Are in Relatively ________ Competitive Environments, the Advice

question 35

Multiple Choice

When firms are in relatively ________ competitive environments, the advice and monitoring of board members is enhanced when outside board members are drawn from other firms that are strategically related to the firm.

• A) stable
• B) dynamic
• C) unstable
• D) complex

---

Definitions:

United States

A country located primarily in North America, consisting of 50 states and a federal district.

Information Technology

Information technology pertains to the use and management of computers, software, and networks for storing, retrieving, and sending information, playing a crucial role in communications, data analysis, and business operations.

Intellectual Capital

The intangible value of an organization, including the skills, knowledge, experience, and relationships of its employees.

Knowledge Resources

The information, expertise, and skills that individuals or organizations possess, which can be leveraged to make decisions, solve problems, and create value.