BUSS 326: Organisation Behavior Questions and Answers

Institution: Kenya Methodist University

Course: Business Administration

Content Category: Summaries

Posted By: eutieh

Document Type: PDF

Number of Pages: 5

Price: KES 300
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Summary

Brief Overview:

Importance of studying organization behavior by chairman of board of directors

1) Studying organization behavior by the chairman of board of directors helps him/her to assist other members of the board in Recruiting, supervising, evaluating and compensating a manager. Recruiting, supervising, retaining, evaluating and compensating the CEO or general manager are probably the most important functions of the board of directors. He/she gets equipped with the best skills of selecting the best performer of the firm.
2) It also helps him/her in making proper decisions of the direction for the organization. The board has a strategic function in providing the vision, mission and goals of the organization. These are often determined in combination of others member’s .this is attained due to skill he/she gets after the study.
3) Organization behavior also enables the chairman to establish a good policy based governance system. He/she has the responsibility of developing a governance system for the business. The articles of governance provide a framework but the board develops a series of policies.
4) The study also helps the chairman of board of directors to govern the organization effectively with the relationship of CEO. Another responsibility of the board is to develop a governance system. The governance system involves how the board interacts with the general managers.
6) Organization behavior also helps him/her to closely and effectively in monitor and control functions of the organization with other members of the board of directors. The board of directors has a monitoring and control function. The board is in charge of the auditing process and hires the auditor.
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