Governance Structures Flashcards
(6 cards)
1
Q
What is Organizational Governance?
A
Comprises various components, each with unique functions
2
Q
What are Boards or Directors?
A
Elected by shareholders to oversee organization management
3
Q
What are Committees?
A
Subgroups of boards with specific focuses
4
Q
What role do Government Entities play in Governance?
A
Establish laws and regulations for compliance
5
Q
What is a Centralized Structure?
A
Decision-making authority is given to top-level personnel
6
Q
What is a Decentralized Structure?
A
Decision-making authority is distributed throughout the organization
