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Author Question: Explain the difference between the structural and functional dimensions of board governance. What ... (Read 194 times)

moongchi

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on: Sep 11, 2019

Question 1

Describe the difference between at-risk cars and those with a guaranteed repurchase program.
 
  What will be an ideal response?

Question 2

Explain the difference between the structural and functional dimensions of board governance.
 
  What will be an ideal response?


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Meganchabluk

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Reply #1 on: Sep 11, 2019

Answer 1

At-risk cars are purchased by car rental firms without any guarantee that the manufacturer will buy them back after a certain mileage threshold has been reached. These cars are generally disposed of at auction. Program cars are those subject to a guaranteed buy-back by the manufacturer.

Answer 2

Structural dimension:
Tangible aspects including makeup of the board, job descriptions, meeting schedules, bylaws, and code of conduct.

Functional dimension:
Consists of the way in which structural components are applied. It centers on board evaluation. How well is it functioning? How effective is it in light of changing conditions?


moongchi

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Reply 2 on: Sep 11, 2019
YES! Correct, THANKS for helping me on my review

Dnite

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Reply 3 on: Yesterday
Excellent

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