Question

On an organization's board of directors, inside directors ____; outside directors _____. are supposed to be elected from outside the organization; may be members of the firm must work for the company; are also members of the firm may be members of the firm; are supposed to be elected from outside the firm are always retired executives; typically are employees must work for the organization; are paid members of the organization

Answer 1

On an organization's board of directors, inside directors may be members of the firm; outside directors are supposed to be elected from outside the firm.
The board of directors is responsible for keeping the organization’s vision, mission, and strategic planning goals. Duties of boards include: choosing the CEO, approving major policies, making major decisions, overseeing performance, and serving as external advocate.