Question

Imagination Museum is holding nominations for its board of directors. It is the first time that over half of the positions are vacant, due to either retirements or term expirations. The new CEO wants to be sure that the board is representative of the community, as well as the patrons who attend most of the events. ,Which of the following considerations are important for a good board
Multiple Choice
a)racial balance
b)financial balance
c)religious/cultural balance
d)educational attainment
e)balance gender balance

Answer 1

Answer:

e) Gender balance

Explanation:

Gender balance in the board is good for maintaining equality in decision making. It also enables a culture to exchange ideas and diverse board will help in healthy discussions. It also enables a good image of company and helps reduce negative sentiments of multiculturalism among the employees and other stakeholders. It improves company performance with a variety of skills of various directors and brings good and positive impact to the company.