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Basic Question 7 of 8
A management board typically exists in a ______ board structure.
B. two-tier
C. three-tier
A. one-tier
B. two-tier
C. three-tier
User Contributed Comments 3
User | Comment |
---|---|
nemanjad88 | There is nothing about this in AN Study Notes... |
khalifa92 | well it is in the quizz sammury to remind us to check it up. |
khalifa92 | one-tier structure consists of a single board of directors, composed of executive and non-executive directors, commonly used in United States and United Kingdom. two-tier stracture consists of two seperate boards: 1- Supervisory board (non-exectutive), which oversees the 2- Management board (executive). |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe a company's stakeholder groups and compare their interests
CFA® 2025 Level I Curriculum, Volume 2, Module 2.