As company gets bigger board members increase their dependence on executive for ______________.a.reduce employeesb.generating profitsc.monitoring and reportsd.reducing costs
Question
As company gets bigger board members increase their dependence on executive for ______________.a.reduce employeesb.generating profitsc.monitoring and reportsd.reducing costs
Solution
As a company grows, board members often increase their reliance on executives for "c. monitoring and reports". This is because as the company expands, it becomes more complex and difficult for board members to personally oversee all operations. Executives, who are involved in the day-to-day running of the company, are therefore relied upon to monitor operations and report back to the board.
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