Briefly Describe the Structure and Functions of the Board of Directors

question 68

Essay

Briefly describe the structure and functions of the board of directors in a large company.

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Definitions:

360-degree Assessment

A feedback mechanism where an employee is evaluated by peers, supervisors, subordinates, and sometimes clients, providing a comprehensive view of their performance.

Job Content

The duties, responsibilities, and work activities associated with a specific job position.

Planning Duties

The responsibilities involved in defining goals, developing strategies, and outlining tasks and schedules to accomplish the goals.

Capability

The ability or qualities necessary to do something or achieve a particular result.