The Oversight of Corporate Management by a Company's Board of Directors

question 73

Multiple Choice

The oversight of corporate management by a company's board of directors is called __________.

• A) organizational control
• B) corporate governance
• C) strategic planning
• D) management interference

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Definitions:

Organization

A systematic arrangement of people and resources working together to achieve specific goals.

Collection of People

An assembly or group of individuals brought together for a common purpose or function.

Organizational Strength

The unique capabilities and resources that give an organization a competitive advantage or make it effective in achieving its goals.

Performance Advantage

A superior ability to perform a task or achieve goals compared to competitors or standards.