BUSINESS ADMINISTRATION
STRATEGIC MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The following list shows the sources of failures of the Board of Directors, except:
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The Board members do not have the required qualifications
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The Board members use the company resources for private use
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The Board members do not remind the management about compliance
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The Board members work together as a team
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Explanation:
Detailed explanation-1: -Answer: (C) Determining management compensation.
Detailed explanation-2: -The reasons boards continue to struggle include inadequate time, misspent time, inadequate information, improper skill sets, and insufficient incentives.
Detailed explanation-3: -A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organization, or a government agency.
There is 1 question to complete.