Healthy organizational culture has been established

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Reference no: EM132232100

True or false

1. Central to agency theory is the concern with problems that can arise between the principals who are the owners of the firm and the agents who are the people who are paid by outside consultants to perform a job on their behalf.

2. Changes in board of director configurations over time indicate that currently boards are dominated by outsiders (with over 84 percent being outside board members). Boards are smaller (with most being smaller than 12 members) and a decrease in the percentage of female directors from 15 percent to 12 percent between 2012 and 2016.

3. Once a strong and healthy organizational culture has been established, it must be maintained to be effective.

4. Issues differ from risks because

they have no impact on the project.

they are more vague than risks.

risks are more dangerous.

they are not as serious as risks.

Reference no: EM132232100

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