The Role of Boards of Directors in Monitoring the Actions

question 63

Multiple Choice

The role of boards of directors in monitoring the actions and decisions of top executives changed with the passage of

• A) the Sarbanes-Oxley Act.
• B) NAFTA.
• C) the Foreign Corrupt Practices Act.
• D) the ADA.

---

Definitions:

SBUs

Strategic Business Units, which are smaller entities within a larger corporation that operate as separate profit centers.

Quadrant A

Often part of a matrix or chart classification system, Quadrant A could refer to a specific sector defined by two variables used in strategic analysis or planning.

BCG Business Portfolio

A strategic analysis tool developed by the Boston Consulting Group that categorizes a company’s business units or products based on their market growth rate and market share.

SBUs

Strategic Business Units are organizational subunits of a larger corporation, each responsible for its own profitability and strategic direction.