Members of the Board of Governors Are Appointed by the President

question 164

True/False

Members of the Board of Governors are appointed by the president of the U.S. and confirmed by the U.S. Senate.

---

Definitions:

Organization's Strategy

An enterprise-wide plan, focusing on defining and achieving the organization's long-term goals and objectives.

Distinctive Competencies

Unique strengths or advantages that distinguish an organization from its competitors, often contributing to superior performance.

Knowledge Competencies

The blend of skills, abilities, and expertise that individuals or organizations possess, which are essential for effective performance.

Skills Development

The enhancement of an individual's job-related skills and capabilities through training and education.