Identify a true statement about an organization's outside advisors such as accountants, bankers, lawyers, advertising agencies, and market researchers.Multiple choice question.They need not be managed similar to a permanent part of the organization.They are typically part of the board of directors in the organization.They need to be hired by the nonmanagerial employees rather than the entrepreneur.They are not part of the organization's formal board of advisors.
Question
Identify a true statement about an organization's outside advisors such as accountants, bankers, lawyers, advertising agencies, and market researchers.Multiple choice question.They need not be managed similar to a permanent part of the organization.They are typically part of the board of directors in the organization.They need to be hired by the nonmanagerial employees rather than the entrepreneur.They are not part of the organization's formal board of advisors.
Solution
The true statement about an organization's outside advisors such as accountants, bankers, lawyers, advertising agencies, and market researchers is: "They need not be managed similar to a permanent part of the organization."
This is because these advisors are typically external to the organization and provide specialized services. They are not managed in the same way as permanent employees because they are not involved in the day-to-day operations of the organization. Instead, they are consulted as needed and provide their expertise on a case-by-case basis.
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