Question

Explain the terms (a) Advisory Board (b) Boards of Directors in Family Business firm.

Answer 1

(a) An advisory board is a body that provides non-binding strategic advice to the management of a corporation, organization, or foundation. The informal nature of an advisory board gives greater flexibility in structure and management compared to the board of directors.

(b) Directors are responsible for both creative and technical aspects, working to the projects budget, blocking all aspects of the script in order to keep the production under control, and creating a safe and creative environment for actors to work.

Answer 2

Answer:

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