It has been suggested that corporate boards move through three stages in which they assume different roles. What are these three stages called?

Question

Quizplus · Accepted Answer

The three stages that corporate boards move through are legitimizing, auditing, and directing. Legitimizing involves establishing the board's authority and credibility, auditing involves monitoring the performance of the organization, and directing involves making strategic decisions and guiding the overall direction of the company. Choices A, B, and D do not accurately reflect the stages that corporate boards go through.

It Has Been Suggested That Corporate Boards Move Through Three