According to the textbook, although a board of directors has formal governance responsibilities, its most useful role is to ________.
A) provide guidance and support to the firm's managers
B) submit papers on behalf of the firm to the SEC
C) represent the firm in public relations activities
D) conduct the firm's annual meeting
E) provide funding to the firm
Question 2
A competitive analysis grid is a tool for organizing the information a firm collects about its competitors.
Indicate whether the statement is true or false
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