72) Which of the following best describes why board of directors are sometimes seen as “rubber stamps” ?Their tendency to depend on top management for information and leadership which leads them to simply approve whatever action is recommended by senior managementTheir tendency to depend on top management for financial assistance which leads them to simply relinquish their duties task management.They are only concerned with projects that enhance shareholder equity and ignore all other issues that do not pertain. A and B A and B and C

A board of directors is a selected group of people that describe shareholders. The board is a…

Answered: 72) Which of the following best…

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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72) Which of the following best describes why board of directors are sometimes seen as “rubber stamps” ?

Their tendency to depend on top management for information and leadership which leads them to simply approve whatever action is recommended by senior management
Their tendency to depend on top management for financial assistance which leads them to simply relinquish their duties task management.
They are only concerned with projects that enhance shareholder equity and ignore all other issues that do not pertain.
A and B
A and B and C

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