The Board of Governors is a group of people appointed to oversee the activities of an organization, including financial matters.
The most famous board of governors is the Federal Reserve System, whose responsibilities include the analysis of domestic and international economic development and oversight of the operations of the Federal Reserve Banks.
The Board of Directors is a designated group that oversees the activities of the corporation.
The Board of Governors of the Federal Reserve System is appointed by the President and confirmed by the Senate.
A competent and well-organized board of directors is seen as a key component to the success of an organization.
Evaluation costs are the fees a company pays for discovering defects in its products before they are delivered to customers; they are a form of quality control.
The articles of association can be seen as a user manual for the company, defining its purpose and outlining the methodology for carrying out the necessary day-to-day tasks.
When a company or government agency buys or leases existing manufacturing facilities to launch new manufacturing activities, this is called an investment in existing facilities.
The Code of Ethics sets out the ethical principles of the organization and the best practices to be followed with respect to honesty, integrity and professionalism.