IoD Strategy For Directors Practice Questions - IoD Certificate In Company Direction - Award In Strategy For Directors Exam

Which distinction is most important for directors studying leadership at board level?

Direction and management are identical words with no practical difference Management always outranks the board on legal duties to the company Direction means directors personally perform every customer-facing task Direction sets long-term purpose and oversight; management executes nearer-term operations under that direction

Correct Answer:

Direction sets long-term purpose and oversight; management executes nearer-term operations under that direction

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