Asked by Steven Walsh on Jul 01, 2024
Verified
The role of the board of directors in an organization is to:
A) hire successful employees from competitors' firms to gain advantage in the market.
B) encourage a monoculture among employees throughout the organization and create an ethnocentric internal work environment.
C) hire employees based on intuition rather than using systematic selection techniques.
D) monitor the actions of the top management team to ensure that stockholders' interests are protected.
Board of Directors
A group of elected or appointed members who jointly oversee the activities of a company or organization, making key decisions and ensuring compliance with its objectives and governance.
Top Management Team
The top management team consists of the highest-level executives in an organization, including positions such as CEO, CFO, and COO, responsible for strategic decisions and overall management.
Systematic Selection
A methodical process of choosing individuals for specific roles based on criteria directly related to the job, aiming to improve organization fit and performance.
- Ascertain the influence of corporate culture on organizational outcomes and strategic orientation.
Verified Answer
Learning Objectives
- Ascertain the influence of corporate culture on organizational outcomes and strategic orientation.
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