Superior governance revolves around how well top managers can develop strategies that improve the competitive positioning of its business units in the industries in which they compete.

Question

Quizplus · Accepted Answer

Superior governance is defined as the practices and processes used by top management to direct and control an organization in achieving its objectives. One key aspect of superior governance is the ability of top managers to develop effective strategies that improve the competitiveness of their business units in their respective industries. Therefore, the statement is true.

Superior Governance Revolves Around How Well Top Managers Can Develop