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Selection of strategies firm strategic competitiveness

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Reference no: EM132993646

Top executives & members of a corporation's board of directors have different roles & responsibilities. Traditionally, executives have been responsible for determining the firm's strategic direction & implementing strategies to achieve it, whereas the board of directors has been responsible for monitoring/controlling managerial decisions & actions. Some argue that boards should become more involved with the formulation of a firm's strategies.

-How would the board's increased involvement in the selection of strategies affect a firm's strategic competitiveness?

-What evidence would you offer to support their position?

Reference no: EM132993646

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