Is the characteristic of ensuring that long-term strategic objectives and plans are established and that the proper management structure is in place to achieve those objectives, while at the same time making sure that the structure functions to maintain the corporation's integrity, reputation, and responsibility to its various constituencies.

Governance

Explanation:

Institution of strategies by the representatives of an organization's governing authority, and constant monitoring of their proper implementation.

It involves the strategies necessary to equalize the members' authority (with the related responsibility) and their main obligation to enhance the organisation's prosperity and effectiveness.

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answer; (true);