Which One of the Following Is Not Among the Chief

question 28

Multiple Choice

Which one of the following is not among the chief duties or responsibilities of a company's board of directors insofar as the strategy-making,strategy-executing process is concerned?

• A)Hire and fire senior-level executives and work with the company's chief strategic planning officer to improve the company's performance.
• B)Inquire about and exercise strong oversight over the company's direction,strategy,and business approaches.
• C)Evaluate the caliber of senior executives' strategy-making,strategy-executing skills.
• D)Institute a compensation plan for top executives that rewards them for actions and results that serve stakeholders' interests and most especially those of shareholders.
• E)Oversee the company's financial accounting and financial reporting practices.

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Definitions:

Critical Ideas

Fundamental concepts or opinions that are considered important for understanding or analyzing a particular field or phenomena.

Group Members

Individuals who belong to a specific group or team, sharing common goals, interests, or characteristics.

Motivation Loss

The reduction in individual drive or incentive to perform a task, often occurring in group settings due to various factors.

Coordination Loss

Refers to a reduction in the efficiency or effectiveness of a group's performance due to difficulties in properly organizing and managing group members' activities.