An entrepreneur started a business and asked several people,all managers in other organizations,to meet with her several times a year. This group of people is know as
A) board of directors.
B) the Big Five.
C) board of advisors.
D) SCORE.
E) interchannel discrepancies.

Question

Quizplus · Accepted Answer

The entrepreneur's group of managers is referred to as a board of advisors. They provide guidance and advice to the entrepreneur in areas such as strategy, operations, marketing, and finance. Unlike a board of directors, a board of advisors does not have any legal responsibilities or fiduciary duties to the company. The Big Five refers to the five largest accounting firms in the world, SCORE is a non-profit organization that provides mentoring services to small businesses, and interchannel discrepancies refers to differences in how a company's various sales channels (e.g. online, in-store, etc.) perform.

An Entrepreneur Started a Business and Asked Several People,all Managers