1 answer

Top executives and members of a corporation's board of directors have different roles and responsibilities. Traditionally,...

Question:

Top executives and members of a corporation's board of directors have different roles and responsibilities. Traditionally, executives have been responsible for determining the firm's strategic direction and implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring and controlling managerial decisions and actions. Some argue that boards should become more involved with the formulation of a firm's strategies. How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness? What evidence you offer to support their position?

please try to help me answer.

Answers

A greater invalidation of a company's strategic competitiveness in the selection of the Board members can have a positive effect. This is because a council or dictators is usually a diverse group of members representing the shareholders ' interests. Due to the company 's diversity and its financial interests, the board of managers is advisable to help select strategies that can make an enterprise more competitive. Evidence for this can be found in diversity claims, which support increased creativity, the ability to address complicated issues and the ability, if the executive board is diverse, to be more innovative.

This is the concept of the Board. They may use their diversity by supporting the development and selection of strategies to help improve competitiveness.

.

Similar Solved Questions

1 answer
Cina learned how to balance chemical equations. Which of the following is NOT balanced a. 4Al...
Cina learned how to balance chemical equations. Which of the following is NOT balanced a. 4Al +302 → 2Al;0; b. 2Na+ Cl2 → 2NaCl C. 2NaOH + HCI → NaCl + 2H2O d. 2K3PO4 + 3BaCl2 → Bax(PO4)2 +6KCI e. 2NaOH + H2SO4 → Na2SO. + H2O Answer:...
1 answer
Circle A has a center at #(1 ,8 )# and an area of #15 pi#. Circle B has a center at #(5 ,3 )# and an area of #25 pi#. Do the circles overlap?
Circle A has a center at #(1 ,8 )# and an area of #15 pi#. Circle B has a center at #(5 ,3 )# and an area of #25 pi#. Do the circles overlap?...
1 answer
Use the Limit Comparison Test to determine whether the series converges. The Limit Comparison Test with...
Use the Limit Comparison Test to determine whether the series converges. The Limit Comparison Test with § 13K-3K) shows that the series diverges. k= 1 Consider the following convergent series. Complete parts a through c below. a. Use Sn to estimate the sum of the series. S2 (Round to seven deci...
1 answer
The elementary reaction 2 H, 0(8) - 2H,() + 0,(6) proceeds at a certain temperature until...
The elementary reaction 2 H, 0(8) - 2H,() + 0,(6) proceeds at a certain temperature until the partial pressures of H,O, H, and 0, reach 0.0400 atm, 0.00650 atm, and 0.00700 atm, respectively. What is the value of the equilibrium constant at this temperature? K, = .000198...
1 answer
Read Chapter 2 and watch Week 3 Lectures. Choose a contemporary moral issue in our society...
Read Chapter 2 and watch Week 3 Lectures. Choose a contemporary moral issue in our society (course materials) and apply the ethical principle of Utilitarianism to approve this moral issue. You must pick a moral issue that you strongly support and apply the utilitarian claims (course materials) to ba...
1 answer
Sived December 31, 2021, appears below. Service revenue Operating expenses Incore before income taxes Income tax...
Sived December 31, 2021, appears below. Service revenue Operating expenses Incore before income taxes Income tax expense Net income $1,220,000 see, eee 320, eee 8e, en $ 240, ped The following balance sheet Information also is available Accounts receivable Accrued liabilities (for operating expenses...
1 answer
Suppose American and Japanese 4. (3) Archie makes weekly deposits of $65 into a savings account...
suppose American and Japanese 4. (3) Archie makes weekly deposits of $65 into a savings account that pays 4.35% per 2.0435 year, compounded weekly. -52 a. Find the value of the account after 4 years. S=R[(1+ mt 1] S= 65 [(1 + .0455) 52(4) 7 (m) .0435 52 b. Find the amount of interest that Archi...
1 answer
Required information Exercise 14-7 Straight-Line: Amortization table and bond interest expense LO P2 The following information...
Required information Exercise 14-7 Straight-Line: Amortization table and bond interest expense LO P2 The following information applies to the questions displayed below) Duval Co. issues four-year bonds with a $100.000 par value on January 1, 2019, at a price of $95.952. The annual contract rate is 7...
1 answer
Question 10 of 20: Select the best answer for the question. 10. Identify the following equation...
Question 10 of 20: Select the best answer for the question. 10. Identify the following equation without applying a rotation of axes: 2x2 + 6xy +9y2 - 2x + 2y + 8 = 0 O A. hyperbola O B. ellipse O C. parabola O D. circle...
1 answer
What is the unit vector that is orthogonal to the plane containing # (2i + 3j – 7k) # and # (3i + 2j - 6k) #?
What is the unit vector that is orthogonal to the plane containing # (2i + 3j – 7k) # and # (3i + 2j - 6k) #?...
1 answer
The International Monetary Fund a. buys foreign securities. b. holds a pool of currencies. c. developed...
The International Monetary Fund a. buys foreign securities. b. holds a pool of currencies. c. developed to help the Federal Reserve control U.S. investments abroad. d. can lend a country currencies to meet a surplus in its merchandise trade balance....
1 answer
2. Determine the TUPLU PuyuireU LU SHUPUH LU 5Bar by 7.6 mm If the arud UI...
2. Determine the TUPLU PuyuireU LU SHUPUH LU 5Bar by 7.6 mm If the arud UI e silei Udi IS 25UU IT. Situation II. The wires AB and AC, in Fig. 2, are made of steel and wire AD is mad e made of steel and wire AD is made of copper. Before the application of 150-1b force, the steel wires are 60 in. long...
1 answer
State 4 assumptions that are made regarding lot sizing decisions.
State 4 assumptions that are made regarding lot sizing decisions....
1 answer
With light of wavelength 550 nm and a lens with a numerical aperture of 0.47, what...
With light of wavelength 550 nm and a lens with a numerical aperture of 0.47, what is the minimum resolvable separation of two objects (micrometers)?...
1 answer
Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Inc., has been...
Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Inc., has been experiencing financial difficulty for some time. The company’s contribution format income statement for the most recent month is given below:    Sales (12,50...
1 answer
What is the difference between #"atomization energy"# and #"bond dissociation energy"#?
What is the difference between #"atomization energy"# and #"bond dissociation energy"#?...
1 answer
Need excel functions for answers in yellow boxes. Fortuny Styles Clipboard Font F36 C D 27...
need excel functions for answers in yellow boxes. Fortuny Styles Clipboard Font F36 C D 27 Enter all variances as positive amounts. If there is a variance, write an IF statements to indicate if it is For U (using capital letters) 28 If there is no variance, enter the word None. Perfect Parties ...
1 answer
Draw the product that results from the following reaction of the substrate with sodium borohydride and...
Draw the product that results from the following reaction of the substrate with sodium borohydride and ethanol. 12 Question (1 point) Draw the product that results from the following reaction. NaBH4 ethanol...