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Board Meeting Facts Contrary to popular belief, the board of directors does not take the majority of business decisions. They are, however, able to make decisions on certain high-impact areas (in a venture-backed firm most of the decisions are made

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A company will only be efficient by ensuring that the day-today activities are aligned with the overall goals of the company. Operational management is concerned with how the business does its work, while strategic management establishes goals for the future.