Which of the following statements is not true concerning the relationship between corporate governance and strategy?
A) Corporate governance provides control mechanisms.
B) Boards ensure that the firm's mission is reflected in its strategy.
C) Governance monitors the way the strategy is executed.
D) Boards make day-to-day decisions on strategy execution.

Question

Quizplus · Accepted Answer

The statement "Boards make day-to-day decisions on strategy execution" is not true. Boards are responsible for setting the overall direction and strategic goals of the company, but they do not make day-to-day decisions on executing the strategy. That is the responsibility of the management team.

Which of the Following Statements Is Not True Concerning the Relationship