Amy Phillips founded a cosmetics firm several years ago. Her firm has grown rapidly and is financially successful. One thing that Amy attributes her success to is that early on she assembled a panel of experts who provided her ongoing direction and advice about her business. What Amy created is called a(n):

Question

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An advisory board is a panel of experts or professionals who provide advice and guidance to a company or business owner. This panel is not involved in day-to-day operations, but rather serves as a resource for the owner or CEO. This describes what Amy Phillips created to help her cosmetics firm succeed.

Amy Phillips Founded a Cosmetics Firm Several Years Ago