Outside Members on the Board of Directors for a Venture

question 14

Multiple Choice

Outside members on the Board of Directors for a venture typically receive what percentage of stock in a venture?

• A) .1-.2%
• B) 3-4%
• C) 1-2%
• D) None of the above

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Definitions:

Self-Directed Teams

Groups of employees who are given the autonomy to manage themselves and make decisions related to their work.

Semi-Autonomous Responsibility

The granting of partial autonomy and control to employees or teams over their work and decision-making processes.

Formalization

The extent to which rules, procedures, and standards are written and explicitly articulated within an organization.

Duplication

The act of making an exact copy of something, often used in the context of data replication or the reproduction of research results for validation.