True or false: In an organization, a board of advisors is more closely tied to the organization than its board of directors.True false question.TrueFalse

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.

The most important function of the board of directors is to hire the president or chief executive officer.Question 21Select one:a.Trueb.False

The following which is not a key factor in the effectiveness of a board of directors is:Group of answer choicessubjectivity.competence.diversity.independence.

True or false: The Salesforce business analyst is a project-based role and the Salesforce admin is an operational role.A.TrueB.False

A board of directors is said to be captured when: a majority of the directors are independent directors. a majority of the directors are outside directors. its monitoring duties have been compromised by connections or perceived loyalties to management. when the CEO also serves as chairman of the board of directors.