Governance Structures Flashcards
1
Q
Who are the Boards?
A
Board of directors
Group of individuals elected by shareholders to oversee the management of an organization
2
Q
Who are the Committees?
A
Subgroups of the board of directors, each with a specific focus
3
Q
Who are the Government Entities?
A
They establish laws and regulations that organizations must comply with
4
Q
Centralized Structures vs. Decentralized Structures
A
Centralized: Decision making authority is concentrated at the top levels of management
Decentralized: Distributes decision making authority throughout the organization
