The relationships among stakeholders that determine and control the strategic direction and performance of an organization are called _____.

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Corporate governance refers to the system of relationships and structures that direct and control an organization. It involves balancing the interests of various stakeholders such as shareholders, management, employees, customers, suppliers, and the community, and ensuring that the organization operates in an ethical and responsible manner. The board of directors plays a key role in corporate governance, as it is responsible for setting the tone at the top and overseeing management's performance. In summary, corporate governance is critical for ensuring the long-term success of an organization, and it is closely linked to strategic direction and performance. Investor relations, ownership risk, and functional lubrication are not as comprehensive or relevant to the relationships among stakeholders in determining and controlling an organization's strategic direction and performance.

The Relationships Among Stakeholders That Determine and Control the Strategic